This week's three major events in the cryptocurrency world (July 30 - August 1):
1. Federal Reserve decision + Powell's speech (7/30) strong expectations for a pause in interest rate hikes, focus on hints of rate cuts. Hawkish signals (delay in rate cuts) → bearish; dovish signals (approaching cuts) → bullish, volatility may be extreme.
2. US GDP data (7/31)
Economy exceeds expectations: short-term boost but strengthens high interest rate expectations, medium-term bearish; weak data: indicates recession risks, triggering sell-offs.
3. Non-farm payroll report (8/1)
Employment boom → cooling of interest rate cut expectations + strong dollar = strong bearish; cooling data → warming of interest rate cut expectations = potential rebound opportunity.
Survival Guide:
· Keep a close eye on event announcement times, beware of price flash crashes / surges.
· Linked indicators: US Dollar Index (DXY bearish), US stocks (Nasdaq / S&P), gold (safe-haven sentiment).
· Do not chase highs or sell lows, beware of false breakout traps!
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