This week, the Crypto Assets market is迎来一个关键时刻, with several important economic indicators and Fed officials' speeches set to have a significant impact on market direction.



From October 20 to 22, Fed officials will give a series of speeches. If they release signals for interest rate cuts, it may bring benefits to Bitcoin and other Crypto Assets.

The unemployment benefits data released on October 23 may reflect a weak job market if it exceeds expectations. This could prompt the Fed to adopt a more accommodative monetary policy, which would benefit the performance of risk assets.

October 24 is the most critical day of this week, as the Consumer Price Index ( CPI ) and the Purchasing Managers' Index ( PMI ) will be announced. If the CPI data shows that inflation continues to cool, it may enhance market expectations for interest rate cuts, driving up Crypto Assets prices. However, if the PMI falls below 50, it indicates that the economy may be contracting, which could trigger short-term risk aversion, leading to a market correction.

It is worth noting that the current crypto market has shown a certain degree of recovery, and investors should be wary of the potential "buy the expectation, sell the fact" risk. During this period of uncertainty, closely monitoring various economic indicators and policy signals will help investors better grasp market trends.
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SatoshiLegendvip
· 2h ago
Following the herd of inflation data, ultimately cannot escape the liquidation of POW Consensus.
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OptionWhisperervip
· 10-20 14:52
This indicator is nonsense, just look at the CPI.
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FlashLoanLarryvip
· 10-20 14:50
thesis validation window coming up... bp movements gonna be juicy af ngl
Reply0
GasFeeSurvivorvip
· 10-20 14:49
It's another week of data flying everywhere. What's there to panic about?
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SerumSquirrelvip
· 10-20 14:39
Anyway, it won't rise.
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BoredWatchervip
· 10-20 14:27
Look at this week's deadly data.
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ImpermanentPhilosophervip
· 10-20 14:25
It's really confusing to be both bearish and bullish.
View OriginalReply0
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