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The last two days of this week will also see the release of relatively important economic data. For those short-term traders who are betting a hundred times, don’t worry about whether the data is useful or not and whether it will stimulate the cryptocurrency market. It’s always a good idea to be prepared. Don’t be a lone brave man, otherwise you may end up being brave first and then alone. I won’t talk about the data or expectations. I’m not good at nonsense literature. #大盘走势 #BTC🔥🔥🔥🔥🔥🔥

The last two days of this week will also see the release of relatively important economic data. For those short-term traders who are betting a hundred times, don’t worry about whether the data is useful or not and whether it will stimulate the cryptocurrency market. It’s always a good idea to be prepared. Don’t be a lone brave man, otherwise you may end up being brave first and then alone. I won’t talk about the data or expectations. I’m not good at nonsense literature. #大盘走势 #BTC🔥🔥🔥🔥🔥🔥

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Bullish
There are some economic data and events next week, and the date events are marked!
The events that need to be focused on are Canada's monetary minutes and Japan's interest rate decision and monetary policy press conference. The reason is that Canada released the wind of interest rate cuts last week, and Japan's verbal exchange rate intervention is also worth paying attention to (related to currency depreciation). These two events need to see what will be said at that time, what policies will be pushed back.
The economic data is PMI on Tuesday, PCE and personal spending on Thursday, PCE and personal spending on Friday, and the University of Michigan Consumer Index is also counted in personal spending.
Why should we pay attention to these data? Because the Federal Reserve has been blowing the wind since last week, the market has also lowered expectations for interest rate cuts, and many Federal Reserve officials have also mentioned that monetary policy will be determined based on future economic data.
Except for the relatively strong PMI on Tuesday, the other data are currently OK, and the probability of an upset is not very high.
The halving has passed, and the probability of violent wash-outs like before the halving should not be too high in the future. When there is no event stimulus in the currency circle itself, we should pay more attention to external events outside the currency circle. #比特币减半 #经济数据
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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