Tonight at 21:30, the US will release significant economic data｜Crypto market volatility warning
At 21:30 tonight, two key economic indicators from the US will be released simultaneously, and the market is still in a "window period," with emotions highly sensitive. Before and after the data is released, the volatility in the crypto market is likely to increase significantly, so it's essential to stay alert and pay attention to risk control.
Key data to focus on includes:
① Initial jobless claims in the US for the week ending December 13
Previous value: 236,000
Expected: 225,000
If the actual value is lower than expected, it indicates that the job market remains robust, and expectations for interest rate cuts may cool, putting pressure on the US dollar and thus on crypto assets;
If the actual value is higher than expected, it means that employment is weakening, expectations for interest rate cuts are rising, and the sentiment for risk assets may improve.
② US November seasonally adjusted core CPI year-on-year
Market expectation: 3%
This data is a key indicator of inflation trends:
Higher than expected: Inflation pressures persist, expectations for interest rate cuts are suppressed, which is unfavorable for the crypto market;
Lower than expected: Inflation recedes, which is conducive to warming expectations for easing, improving risk appetite.
The subsequent policy path of the Federal Reserve directly impacts market liquidity, and these two data points will become important references. Before and after the data release, short-term volatility in mainstream cryptocurrencies such as Bitcoin and Ethereum may significantly increase.
Operational advice:
Control positions, plan take-profit and stop-loss in advance, avoid emotional trading, and do not blindly chase prices up or down in an instant after the data release.
If you're unsure about the market rhythm, you can also join the chat room for discussions, focusing on risk control and thought organization; stabilizing is more important than anything else.
