《Qiongqi's Bold Words: 90% of Retail Investors Don't Understand This Data Set! Those Charging With Me Tonight, Villas by the Sea!》

Capital is the wind, data is the sail! Tonight, where these two winds blow will determine whether the cryptocurrency market's ship is moving downstream or turning around!

(Canadian housing market situation, U.S. factory utilization rate, whether machines are being used well), it may seem dull, but it is actually discussing one thing: How is the real economy of the United States and Canada doing right now?

If this data is very "fierce" (for example, factories are producing like crazy, houses are selling fast, machines are all in use): it indicates that the traditional economy is doing well, and money will feel that "stock trading and buying bonds are more appealing," possibly pulling out of the cryptocurrency market, making Bitcoin and Ethereum more likely to "weaken." If this data is very "weak" (for example, factories are lying flat, no one is buying houses): it indicates that the traditional economy is coughing, and money will think that "the stock and bond markets are risky," possibly turning around to find opportunities in this corner of the cryptocurrency market, at which point BTC and ETH might be seen as a "safe haven," causing prices to easily surge.

Personal opinion + practical case: Qiongqi, my experience is not to underestimate these "old almanac" data! They can overturn the small boat of the cryptocurrency market!

Why? Currently, cryptocurrency assets look strong, but essentially they are still a "reflection of traditional capital flows"! Let’s take a recent example: Do you remember the U.S. non-farm payroll data (employment data) suddenly "plummeting" this May? At that time, everyone thought the economy was going to cool down, but what happened? Bitcoin surged by 18%! Hot money saw that "the traditional economy isn't doing well," turned around and rushed into the cryptocurrency market, fearing to miss the bus! This is called the "the worse the economy, the more appealing crypto becomes" seesaw effect.

How does it specifically affect? Qiongqi highlights the key points for you!

Focus on expectation gaps: The market actually already has a "psychological price level" for this data. Is the actual release worse than expected? → Positive for crypto. Is the actual release far exceeding expectations? → Negative for crypto. Keep an eye on the "Federal Reserve's stance": Good data will make the Federal Reserve more hawkish, which is pressure for the cryptocurrency market; bad data will make the Federal Reserve more dovish, which is a potential benefit for the cryptocurrency market. The U.S. dollar index is a key intermediary: Generally, good data → U.S. dollar rises → assets priced in dollars, like Bitcoin, are likely to fall.