Macroeconomic data is crucial this week on the macroeconomic level, with several key inflation data points set to be released, affecting expectations for the next interest rate cut.
Data released at 9:30 AM on Wednesday includes: CPI to be released at 9:30 AM on Thursday: PPI Tonight's CPI data release is undoubtedly the market's focus, and many friends have already started to speculate on how the market will react. Personally, I remain optimistic; the logic is still similar to last Friday's non-farm payrolls. Currently, inflation is expected to rise; even if inflation data shows a slight increase, it will not affect the established path for the Federal Reserve to cut rates in December.
A continuous decline for 72 hours is also rare in history, so the possibility of a short-term rebound remains high. Just as a bowstring, when pulled tight, will inevitably accompany a strong rebound force.
This month brings both favorable and unfavorable factors, including tonight's CPI, whether MSTR will be included in QQQ, FASB taking effect, the Federal Reserve's interest rate meeting, Japan's interest rate meeting, as well as Christmas and the inauguration of Trump in January 2025. There were reports yesterday that Trump hopes to see BTC reach $150,000 early in his term, so could ETH bring along altcoins for a ride?
Additionally, expectations for policy easing are positive, while the negative side focuses on interest rate cuts and economic conditions. However, the interest rate meeting next month is on January 29, with the official inauguration on January 20.
After the significant drop on December 9, some recovery is gradually taking place. The previously rapidly rising $SOL, $DOGE, $PEPE are all opportunities for limit orders. Market speculation is ever-changing; we must have a keen sense for the market and keep up with changes!
