This week is crucial, with several significant events that will determine the market direction. If you hold crypto assets, please pay attention to these time points:
December 9th JOLTs job data
If below expectations (7.2 million), it indicates a weakening job market → Rising interest rate cut expectations → Liquidity may increase, which is potentially beneficial for crypto assets.
December 10th Federal Reserve interest rate decision
A 25 basis point rate cut is almost a done deal, and the market has already priced it in. The real variable lies in Powell's speech—if he signals a dovish stance (such as hinting at continued liquidity injections), it is likely to boost market sentiment; if the tone is hawkish, caution is needed for potential pullback risks.
December 11th PPI inflation data
Soft data will solidify expectations for cooling inflation, beneficial for risk assets; if the data exceeds expectations, it may trigger short-term risk aversion.
Why are these important for Bitcoin?
Historical data shows that when the Federal Reserve shifts to easing and inflation slows, Bitcoin often reacts first. Increased liquidity expectations usually lead BTC to break out first, which then transmits to ETH and other tokens.
In simple terms:
Dovish signals + Mild inflation = Favorable for upward trend formation
Hawkish statements + Strong data = Market may continue to be under pressure
It is advised to pay more attention to news this week, especially regarding the changes in market sentiment after Powell's speech.
Before the trend becomes clear, control your position, maintain patience, and avoid chasing highs and cutting losses. Opportunities are always present, but the premise is to hold onto your chips.
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