Consolidation at high level, paralysis and decline, is the market going to change?

1. News

1. Data in the first week of December

Wednesday: Small non-farm ADP data

Thursday: Unemployment benefit data (Powell's speech at 2:30 am)

Friday: Large non-farm data

From the overall data market forecast, the data released in December is a strong bullish data for the recovery of the US economy, especially the labor market, but combined with the situation of the US Spring Festival, this data has a lot of water, but the water will end in January next month. The probability of interest rate cuts in December may decrease, and the probability of no interest rate cuts may continue to increase.

2. Market situation

1. South Korea's proposal to levy tax on cryptocurrency transactions has been extended for two years (20-22%, plus local taxes)

2. There are two exchanges that may have problems recently, one is the Japanese exchange that was stolen in May this year, and the other is the exchange that was stolen in November.

3. Teena, the token release.

3. Market sentiment

The market sentiment trend is similar to the situation around January 10, 2021. The market's bullish sentiment is very high, but beware of the main force's shock shipment at a high level. #币安BNSOL质押PYTH #比特币打破感恩节魔咒 $SOL $BNB $ETH