The Macro Spotlight is Back On! Two major US economic releases are set to rock global markets this week, and crypto won't be watching from the sidelines.
1. CPI (Consumer Price Index) Watch: The ultimate inflation gauge. A higher-than-expected print could signal delayed Fed rate cuts → strengthening USD → potential short-term pressure on BTC and ETH. A cooler number? That's rocket fuel for risk assets.
2. US Jobs Data (NFP): A measure of economic strength. Strong job growth might give the Fed room to stay hawkish. Surprisingly weak data could fuel expectations of earlier stimulus—historically bullish for liquidity-driven markets like crypto.
My Watchlist:
· Bitcoin's Reaction: Watch key support/resistance around these events. It's the litmus test for market sentiment.
· Altcoin Sensitivity: High-beta alts might see amplified moves. Manage risk accordingly.
· DXY (US Dollar Index): The inverse correlation with crypto is key. A soaring DXY often means headwinds for crypto.
Bottom Line: These events are not just for TradFi. They are critical catalysts for crypto volatility. Smart traders are checking calendars, setting alerts, and reviewing their risk management.
#CPI #NFP #CryptoNews #TradingStrategy #Write2Earn $BTC