The key factor currently affecting the cryptocurrency market is the PCE inflation data to be released next Wednesday. According to market forecasts, PCE and core PCE are expected to decline by 0.3% and 0.2% respectively, far below previous inflation expectations. This significant drop in inflation data could support the Fed's interest rate cut expectations, providing Powell with reasons for policy adjustments, and may become a short-term positive for the market.
If there are no other unforeseen factors, the market may react in advance around the data release. However, it is important to note that most mainstream coins have already experienced significant increases, with Bitcoin prices returning to bull market territory and altcoins generally surging. Therefore, from a long-term perspective, gradually reducing positions at highs is more rational than blindly chasing highs.
My current strategy is:
Long-term positions: Gradually exit and realize profits.
Short-term positions: Flexible swing trading, such as ETH continuously reaching new highs due to upgrade themes, taking advantage of pullback opportunities in the short term, and performing high sell low buy operations on popular coins like PEPE.
Summary:
Stimulated by short-term positives, the market is expected to continue rising, but it is necessary to remain calm in the medium to long term, gradually realize profits, seize swing opportunities, and strictly control risks.
In 2025, may my brothers' wishes come true, positions double and wealth flow in!
Yesterday is in the past, let us embrace the present in the best state, go with the flow, and trends are quietly taking shape.
