Tonight's CPI data is explosive! Cryptocurrency players should take a quick look, is it an opportunity or a trap?

I am Qi He! I just saw the news, at 21:30 tonight the U.S. will announce the November CPI and unemployment data, this is closely related to our crypto market! Why? Because the Federal Reserve looks at this data to decide whether to cut interest rates. Once the expectations for rate cuts heat up, funds may flow into the crypto market to make moves!

In simple terms, if the data shows that inflation is still high and the labor market is weak, the probability of the Federal Reserve cutting rates will increase, the U.S. dollar may weaken, and Bitcoin and altcoins are likely to rise. Conversely, if the data is good, expectations for rate cuts will cool down, and the market may correct. But don’t panic! Powell said before that the labor market is cooling, inflation is still relatively high, and Goldman Sachs has also hinted that the end of rate cuts is near, so tonight's data is crucial.

Personally, I think this data might be weak, and the expectations for rate cuts will heat up, which is a short-term positive for the crypto market. But market sentiment is volatile, so don't blindly follow the crowd! What should players do? First, pay attention to the market reaction half an hour after the data is released and watch the movements of large funds; second, don’t take too heavy a position, adjust reasonably to avoid being washed out; third, don’t chase highs and sell lows, the data is just a catalyst, in the long term we still need to consider the value of the project.

In summary, keep a close eye on the market tonight and operate calmly! Opportunities are reserved for those who are prepared, but remember that risk control is always the priority! Like and follow, let’s discuss your views together!

Follow Qi He, I will break down the subsequent fund movements in Qi He village at the first time, catching every window for making money! #美国非农数据超预期 $BTC #失业金