Important News Next Week 🇺🇸:

T2: Economic Data Release

T3: Jolts Job Openings 🇺🇸

T4: Economic Data Release

T5: FOMC Meeting T12 🇺🇸

Unemployment Benefits Week 🇺🇸

T6: Economic Data Release

Currently, the likelihood of a rate cut remains unchanged (86.2%) after the PCE Inflation data T9 was released.

For next week, the beginning of the week will not have many significant data releases, so it will not have much impact on the rate cut and will also not significantly affect the market.

Regarding the Fed, one may have to wait for the Fed's decision on whether to cut rates in the FOMC Meeting T12, along with the speech from Fed Chair Powell. If he changes his stance unlike in the FOMC Meeting T10, then there may be a strong chance of a rebound since he is also the main factor causing Altcoins and the market to drop sharply as it currently stands.