Recently, the market has gradually recovered from the impact of tariffs, U.S. stocks have regained upward momentum, and the Nasdaq and S&P 500 indices are only 1-2% away from their previous highs. At the beginning of this week, they may test key resistance levels.
Bitcoin's surge is strong, but a rebound driven solely by market sentiment may be nearing its end. Future trends urgently require substantial positive support, such as U.S. economic data exceeding expectations, new developments in the crypto industry, or the voting results of the Bitcoin bill in Arizona on Tuesday local time—if the bill passes, it will inject strong momentum into the market.
Currently, investors are shifting their focus to economic fundamentals, with particular attention to the authenticity of data.
The founder of MicroStrategy has launched a Bitcoin tracking tool, indicating a new round of accumulation plans;
On-chain data shows that a certain whale recently purchased 30,000 ETH and 600 BTC, with a total value exceeding $110 million, sparking heated discussions in the market.
In the future, GDP and PCE data will become key variables for market trends.
If GDP growth exceeds 0.4%, U.S. stocks and Bitcoin may continue to rise;
Conversely, data that falls short of expectations will trigger market adjustments.
PCE data is also critical; if inflation is controllable, market confidence will be boosted; if inflation pressure intensifies, investors may become more conservative. Editor's share
