Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Will there be a major earthquake in the crypto world next week? Urgent reminder: Retail investors should do 3 things, otherwise don't blame me for the heavy losses!


Wow, major global events are piling up: China's PMI, U.S. inflation data, Fed Chair Powell's speech, and the Bank of Japan's interference... Don't be fooled by these fancy names; they are all closely related to our crypto world!
First, let's highlight the key points: there are so many events next week that it will be overwhelming!
On Monday, China's PMI data leads the way, followed by the U.S. "little non-farm" employment data on Tuesday. On Wednesday, Federal Reserve Chairman Powell may set the tone for a rate hike in December, and on Friday, there will also be the core PCE price index. In addition, the governors of the Bank of Japan and the European Central Bank are all set to speak, and a tech conference is also joining in on the excitement. In simple terms, where global funds flow depends entirely on the expressions of these big shots and the data.
Personal opinion: Don't naively think that the crypto world is a paradise!
I make the call directly: the crypto market will definitely be a thrilling roller coaster next week! Why? For example, if the US data is good, the Federal Reserve may adopt a hawkish rate hike, which would strengthen the dollar and cause funds to flee from risk assets like Bitcoin; if the data is bad, it might actually lead to a rebound in the crypto world. But what we fear the most is "expectation mismatch"; if the market originally thinks there will be a rate hike, but Powell suddenly turns dovish, the coin prices will skyrocket in an instant! Retail investors will be left in the dark and could be cut down like leeks in a matter of minutes.
What impact does it have on our crypto market?
Bitcoin and Ethereum, these giants, have recently been moving in tandem with the US stock market like conjoined twins. When the economic winds in the US shift, the crypto world shakes three times in advance. Not to mention, if China's PMI comes in below expectations, global demand concerns could lead to a collapse of the big coin. Next week, volatility is expected to soar, making it easy for contract traders to get liquidated, while spot traders will also have to be on edge.
What should retail investors do? Remember these 3 life-saving tips!
Refrain from making big bets before the event: Don’t heavily invest in one direction before important data is released! Large funds are all watching from the sidelines, are you charging in to be cannon fodder?
Learn to read the calendar: Treat data updates like weather forecasts, remember the time in advance, and set an alarm to remind yourself.
Risk control comes first: If you don't understand, simply take a small position or stay out and watch! Earning a little profit is always better than losing your principal, don't just follow the crowd.
Today is just a warm-up. Next week, I will track these events in real-time and interpret the data impact as soon as possible! If you want to layout opportunities in advance and avoid major drops, hurry up and follow me. The more chaotic the market is, the more you need to stick with the right people. Let's steadily profit together! #加密市场回暖
ETH-1.92%
BTC-0.94%
View Original
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)