#数字货币市场回升 Important reminder! Tonight, the global economy will enter a data-intensive period! The German consumer confidence, US housing price indicators, consumer confidence data, and the late-night API crude oil inventory report will be released successively. These macroeconomic indicators may seem unrelated to the Crypto Assets market, but they might actually become key signals for a market shift.



Why are these economic data worth paying attention to?
Taking the U.S. Consumer Confidence Index as an example, if the data is stronger than expected, it may lead the Federal Reserve to postpone its rate cut plans, thereby strengthening the dollar, and the price of $BTC may face downward pressure. The API crude oil inventory data released late at night serves as a barometer for the energy market. Recently, energy prices have been highly volatile, often directly affecting investors' willingness to allocate to high-risk assets.

Investor Strategies:
Position control: Volatility usually increases on data release nights, making reasonable position management crucial.
Monitor the USD trend: After the data is released, closely watch the changes in the USD index. If it suddenly strengthens, mainstream Crypto Assets may experience a short-term adjustment.
Look for certain opportunities: Avoid emotional trading and make decisions more rationally after the market digests the impact of the data.

Market Case Analysis
Last month, when the non-farm employment data exceeded expectations, $BTC briefly dropped by 5%, but then quickly recovered. This indicates that the market may have experienced a short-term overreaction, but it will not change the overall trend direction.

Perspective Sharing
I believe the economic data tonight may present a neutral performance overall, but special attention should be paid to the crude oil inventory data - if inventories increase significantly, it may lead to a decline in inflation expectations, which could potentially be beneficial for the Crypto Assets market. Investors should remain calm and avoid overreacting.
BTC-1.82%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
PhantomHuntervip
· 33m ago
Watching the data is not as good as watching the K-line.
View OriginalReply0
PanicSeller69vip
· 10-28 06:40
You want to cut our leeks again, huh?
View OriginalReply0
liquidation_surfervip
· 10-28 06:34
Waiting for the domino effect
View OriginalReply0
rekt_but_resilientvip
· 10-28 06:16
Staying up late for data reporting
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)