Key economic data is about to be released tonight, and market sentiment is tense.
Today's market focus is on the upcoming economic data. Due to Trump's recent tough stance on tariffs, market concerns about future inflation pressure in US stocks have intensified. If tonight's data meets expectations, some funds may flow into the US long-term treasury market for risk aversion.
Currently, US stock index futures are showing a slight decline before the market opens, and the market is cautious about the potential impact of the data. Tonight's data could trigger significant market volatility, and if the data is unfavorable for US stocks, it may further push the current correction trend.
Thanksgiving market closure may exacerbate market fluctuations.
Tomorrow (November 28) is Thanksgiving in the US, and the US stock market will be closed. If tonight's data performs poorly, the market may further correct. Due to the lack of reference from the US stock market during Thanksgiving, the cryptocurrency market may continue its volatile adjustment trend, especially Bitcoin may continue to test the support below.
Bitcoin's market is adjusting healthily, which may be a buildup for future movements.
From the market perspective, Bitcoin's current adjustment is within a normal range. Yesterday's closing pattern showed signs of a market rebound, indicating that some funds have started to enter the market, achieving a short-term balance between supply and demand. The current phase of sideways consolidation is beneficial for market digestion and accumulating momentum for future price increases.
Opportunities for altcoins are emerging, focus on quality projects.
When Bitcoin adjusts, it often presents an opportunity for altcoins. According to historical patterns, the altcoin market tends to start seven months after each Bitcoin halving. This halving occurred in April, so November to December is likely to be the 'explosion season' for altcoins.
Altcoins rise quickly but come with high risks. It is recommended to choose quality projects in advance, hold patiently, and avoid blindly chasing highs.
Sector rotation logic: the potential of undervalued sectors.
After each market boom ends, funds will flow out of high-valued sectors, and undervalued sectors may welcome new opportunities. Therefore, even seemingly insignificant sectors may be highly sought after with capital inflow, and investors need to remain vigilant and identify these opportunities in advance.
The market for established mainstream coins may come to a pause in the short term, and it is currently not recommended to pay too much attention.
Investment core: plan ahead to avoid chasing highs and cutting losses.
A final reminder, the market changes every day, and it is not suitable for ordinary investors to blindly chase highs and cut losses, as this will only lead to losses. The key to investing is to research and plan in advance, rather than relying on luck or chasing hot topics. Remember, rational investing is the only way to go further in the market.
