Will #BTC fall below $90,000 next week?
Bitcoin ETFs have seen the worst outflow of funds in history, the volatility index of U.S. Treasury bonds has quietly risen, and U.S. stocks have seen the worst year-end decline on record.
Next week's non-farm payrolls report will play a central role in influencing market sentiment. Here are the key points that the market will focus on in the new week:
At 22:30 on Monday, Federal Reserve Board member Lisa Cook will deliver a speech;
At 18:00 on Tuesday, the eurozone's December CPI annual/monthly initial value and the eurozone's November unemployment rate;
At 21:15 on Wednesday, the U.S. December ADP employment number
At 03:00 on Thursday, the Federal Reserve released the minutes of the December monetary policy meeting
At 09:30 on Thursday, China's December CPI annual rate
At 21:30 on Friday, the U.S. December unemployment rate, the U.S. December seasonally adjusted non-farm payrolls, and the U.S. December average hourly wage annual/monthly rate
Finally, Friday's non-farm data. It is worth noting that the December non-farm data is the first report in several months that is not affected by one-off factors.
Given the current market pricing, strong labor data is unlikely to lead to further interest rate cuts from the Federal Reserve, while weak data may make the market consider further interest rate cuts. However, US data is unlikely to weaken the US dollar index at this stage, so next week, due to factors such as non-farm data, coupled with the lack of confidence of the main players in the future market, everyone should control their positions
