To summarize: Tonight, the three major data points in the U.S. — PMI, consumer confidence index, and inflation expectations — will be released intensively and will directly affect market sentiment and trends.
• Strong data (PMI exceeds expectations, confidence index rises, inflation expectations fall) → Risk appetite increases, favorable for mainstream cryptocurrencies;
• Weak data (PMI below expectations, confidence index falls, inflation expectations rise) → Risk-averse sentiment heats up, cryptocurrency prices may come under pressure.
Volatility will increase before and after the data is released, so keep a close eye on the market and be prepared.
Not sure when to enter, bamboo leaf😘
