There are many key events in the market this month. Here are some key time points and market outlooks:
Important economic data and events
- December 4 (Wednesday): US November ADP employment data released (21:15)
- December 5 (Thursday):
- Federal Reserve releases Beige Book on economic conditions (03:00)
- US initial jobless claims for the week (21:30)
- December 6 (Friday):
- US November unemployment rate (21:30)
- Non-farm payrolls data (21:30)
- December 11 (Wednesday): US November unadjusted CPI annual rate released (21:30)
- December 19 (Thursday):
- Federal Reserve interest rate decision (03:00)
- Powell holds a monetary policy press conference (03:30)
Crypto Market Outlook
With the end of the Thanksgiving holiday, US market activities have gradually picked up, and the market has returned to economic data and market trends:
1. Bitcoin and Ethereum: Bitcoin has been consolidating near the key position of $100,000 for a long time. Ethereum has performed strongly recently and successfully took over and led the market rebound. The bullish force in the spot market continues to increase, and the inflow of funds is obvious.
2. Options and interest rate focus: Although the options market is not volatile, block trading and market interest rates are still key concerns.
3. ETF trend: If the relevant ETF funds continue to maintain their inflow momentum, the possibility of Bitcoin hitting the $100,000 mark will increase significantly before the end of the year.
The Fed's interest rate decision affects expectations
This month's interest rate decision is expected to increase by 25 basis points, and this result has been fully expected and digested by the market. Unless the Fed reveals a more hardline attitude in its statement, the impact of this decision on the market may be limited. In short, the market's reaction to the "expected" results has become flat, but the details of future policy directions remain key variables. #Layer1公链普涨 #RWA板块普涨 #下一个换谁涨？ #微策略持续增持BTC
