As the new year begins, risk assets have had a good start, and the performance of cryptocurrencies has been particularly impressive.

From economic data, European inflation figures will be released today. The expectation is a month-on-month decrease of 0.1 percentage points to 2% — what does this mean? The liquidity environment may continue to improve. For asset prices, this is usually a positive signal.

Friday is a key moment for US employment data. The non-farm employment change forecast is highly watched by the market. Such high-frequency economic data often triggers market volatility, and its impact on risk asset pricing should not be underestimated. In other words, this week’s economic calendar could determine the rhythm of the crypto market in the coming days.

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.

19 Likes

Reward
19
5
Repost
Share

Comment

Add a comment

degenwhisperer

· 01-09 03:59

European inflation has come down, and this week's data is the fuse... Looking forward to the market trend in the next few days.

View OriginalReply0

Degen4Breakfast

· 01-07 16:56

Liquidity sounds good, but can it really boost the market? It still depends on how the US Non-Farm Payrolls data will turn out.

View OriginalReply0

AirdropHunterZhang

· 01-07 16:40

Is liquidity improving? Bro, I only care about whether I can get good projects for free haha

---

Here comes the economic data again, basically betting on what the Fed folks will do next

---

Inflation drops, crypto prices rise, should I go all in or stay on the sidelines this week... a bit conflicted

---

After the non-farm payroll data is released on Friday, we’ll start bouncing around again, the nightmare for electricity bill folks is here

---

A good start to the new year? My zeroed-out positions say haha, wait for the rebound to re-invest

---

I've heard the term liquidity environment so much my ears are calloused, but the key is whether I can break even

View OriginalReply0

GmGmNoGn

· 01-07 16:37

Improved liquidity means a carnival for crypto traders. After this week's economic data is released, the crypto market is set to take off.

View OriginalReply0

PanicSeller

· 01-07 16:28

Inflation down to 2%? About time. The crypto market's early-year rally is starting to strain, and if Friday's non-farm payroll data blows up, we'll see a sharp pullback.

View OriginalReply0