This week's market is really going to have a big move.
Several major central banks around the world are holding meetings, with the Federal Reserve, Canada, Australia, and Switzerland all announcing interest rate results. Additionally, with China's CPI and social finance data coming out on Wednesday, Bitcoin and Ethereum are unlikely to remain quiet in the coming days.
In simple terms: the Federal Reserve is the key.
If the attitude leans towards tightening, a strong dollar will likely hit the crypto market hard. If it leans towards easing or the data looks bad, money may flow into the crypto market, and a surge is also very normal.
So these days are not just minor fluctuations; it’s likely to go in a direction.
What should ordinary people do?
If your positions are already heavy, don’t be overconfident, and reduce some positions to hedge against a black swan event.
For those looking to seize opportunities, wait for the data to come out before acting; don’t guess before the results are announced.
The most crucial point: don’t go all in, don’t gamble everything; the market can turn against you faster than you can flip a book.
This week is all about the data determining life and death; stabilizing before the direction is clear is more important than making money.
