The market is going to explode next week, everyone buckle up.
The Federal Reserve is taking frequent actions: Powell is set to speak again on Monday, and QT (quantitative tightening) has officially hit the pause button. Manufacturing PMI and ISM data have both plummeted, with a second wave of PMI bombardment expected on Wednesday.
The job market is also restless - on Thursday, unemployment claims data was released, and the U.S. trade deficit was conveniently exposed. The grand finale is reserved for Friday: the PCE inflation index, which is the thermometer that the Federal Reserve pays the closest attention to.
Under this intense firepower coverage, it's hard for Bitcoin to just lie flat. It's inevitable that the volatility will be maximized, so whether bullish or bearish, one must prepare in advance. Don't wait until the market educates you before regretting not looking at the calendar.
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GweiTooHigh
· 11-30 15:49
Powell is about to spout off again, I bet five bucks Bitcoin is going to shake again.
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GateUser-0717ab66
· 11-30 15:49
As soon as Powell spoke, I knew I had to Rug Pull, this week is definitely full of knives.
Wait, is the QT pause trying to trick me into buying the dip?
The PCE data on Friday is the real bomb, don't blame me for not warning you then.
Another week of getting hammered, I'm choosing to lie flat and watch the show.
To be honest, with the barrage of data, if Bitcoin doesn't get liquidated, that's a win.
This week's calendar is a must-watch, otherwise, you'll be Rekt.
Two PMIs? Damn, going all in on a short order.
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just_another_fish
· 11-30 15:48
Here it comes again, non-stop from Monday to Friday. I guess I need to put the calendar on the wall.
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Powell really knows how to choose the right time to speak, he always manages to stir things up.
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Hey wait, is the QT pause good news or bad news... Never mind, it's all Fluctuation anyway.
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If the PCE really blows up on Friday, I’m afraid I won’t sleep well this weekend.
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Under intense firepower coverage, you still want to lie flat? Brother, you're dreaming.
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I have to look at both the data and the calendar, my brain can't keep up.
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To be honest, this kind of market is just a casino, having a plan in advance is useless.
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Wednesday’s second PMI bombshell, this is going to hit hard.
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BrokeBeans
· 11-30 15:42
It's those people from the Fed stirring things up again; once the PCE comes out on Friday, let's just wait to be trapped.
Powell's words can pump the market more than the market itself...
You still want to buy the dip under this barrage of dense data? Dream on, fren.
Starting Monday, it will all fall apart; I bet five bucks that there will definitely be a big pump this week.
Buckle up for real; this week's daily chart will either soar or experience a 50% slump, no middle ground.
During this data week, I choose to watch the market and eat.
Another wave of being played for suckers is coming; everyone, guard your coins well.
The PCE is the lifeline of the Fed; when this indicator comes out next week, it will directly determine life and death.
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DegenDreamer
· 11-30 15:26
Powell is back again, this time we really have to stay alert.
Friday's PCE cut is going to draw blood, I bet five bucks.
Another round of intensive data bombardment, but luckily I increased the position a long time ago.
This wave of volatility is rising, how can short orders survive?
The calendar gang is winning big, how about you?
The market is going to explode next week, everyone buckle up.
The Federal Reserve is taking frequent actions: Powell is set to speak again on Monday, and QT (quantitative tightening) has officially hit the pause button. Manufacturing PMI and ISM data have both plummeted, with a second wave of PMI bombardment expected on Wednesday.
The job market is also restless - on Thursday, unemployment claims data was released, and the U.S. trade deficit was conveniently exposed. The grand finale is reserved for Friday: the PCE inflation index, which is the thermometer that the Federal Reserve pays the closest attention to.
Under this intense firepower coverage, it's hard for Bitcoin to just lie flat. It's inevitable that the volatility will be maximized, so whether bullish or bearish, one must prepare in advance. Don't wait until the market educates you before regretting not looking at the calendar.