What Macroeconomic News Affects Crypto This Week? 🌍📅
Hello everyone, the financial market in general and Crypto in particular are holding their breath waiting for the latest economic indicators from the US.
• Inflation (CPI): If lower than expected -> Great news for BTC and Altcoin.
• Interest rates (FED): Recent statements from FED officials have made the market quite cautious.
Personal opinion: In the short term, the market may experience some "sweeps" on both ends to liquidate high leverage orders before determining a clear trend. Please limit the use of excessive leverage (Max x5-x10) during this period to avoid unnecessary "liquidation"!
Wishing everyone a profitable trading day! 💚
#MacroNews #BTCUpdate #BinanceVietnamSquare #CryptoMarket
Hello everyone, the financial market in general and Crypto in particular are holding their breath waiting for the latest economic indicators from the US.
• Inflation (CPI): If lower than expected -> Great news for BTC and Altcoin.
• Interest rates (FED): Recent statements from FED officials have made the market quite cautious.
Personal opinion: In the short term, the market may experience some "sweeps" on both ends to liquidate high leverage orders before determining a clear trend. Please limit the use of excessive leverage (Max x5-x10) during this period to avoid unnecessary "liquidation"!
Wishing everyone a profitable trading day! 💚
#MacroNews #BTCUpdate #BinanceVietnamSquare #CryptoMarket