Next week's macro warning: Federal Reserve decision + non-farm data may trigger market reversal
Core risk points
1. Federal Reserve policy expectations: The market still has differences over the interest rate path; if the decision is hawkish, it may suppress risk assets.
2. Non-farm employment data: If employment data is stronger than expected, it may strengthen the 'higher for longer' expectation, negatively impacting the crypto market.
3. Technical pressure: Bitcoin's weekly MACD shows a bearish divergence + KDJ is overbought, increasing short-term correction risk.
On-chain data signals:
Increased whale activity: Some large addresses have transferred Bitcoin to exchanges in the past week but have not made significant sales.
Miner holding changes: Miner wallet balances have slightly decreased, and it is necessary to monitor whether this outflow continues.
Remember the key points: markets always reverse; currently, the overall trend appears bearish, with the handle in the hands of the controller $ETH