2026-01-07 15:04:01

The latest published US Manufacturing Purchasing Managers' Index (PMI) shows an interesting trend. The overall price index fell from 65.4 to 64.3, slightly below the expected level of 64.9, indicating signs of easing inflationary pressures.

More notably, the new orders index rose from 52.9 to 57.9, well above the expected 52.6—this suggests factory order demand unexpectedly rebounded, potentially indicating that the economy is more resilient than anticipated. However, employment data remained relatively stable, rising slightly from 48.9 to 52.0, slightly above the expected 49.0, indicating that manufacturing hiring activity has warmed but growth potential is limited.

The implication for the crypto market is that the Federal Reserve's upcoming policy stance may become more cautious. The economy is neither overheating nor clearly in recession, which could delay the pace of rate cuts and thus influence capital allocation toward high-risk assets (including cryptocurrencies).

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PumpingCroissant

· 01-10 14:35

This PMI data looks pretty promising, orders suddenly picked up... but interest rate cuts won't come that quickly. How should we respond?

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DaisyUnicorn

· 01-10 14:08

The new order suddenly blooms, breaking through 57.9... but let's not celebrate too early. The Federal Reserve is probably going to keep its stance unchanged, which isn't good news for the crypto world. --- Inflation easing is good, but interest rate cuts are still far off... the winter of funds hasn't passed yet, and we have to wait a bit longer. --- Employment data is so lukewarm, contrasting sharply with the hot demand for orders. Something feels off. --- Basically, the economy is pretending to be dead—neither giving hope nor collapsing completely. The Federal Reserve hates this kind of situation, and our markets are also suffering. --- Order data has surpassed so much... hmm, could this be the final frenzy? It feels like something's about to happen. --- It looks like good news, but for crypto, it's actually a nightmare. Cautious policies mean liquidity will remain tight for a while longer. Who says easing inflation automatically means prices will rise? --- Manufacturing hiring remains so conservative, indicating that companies are also holding back. No one dares to expand.

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GasFeeCrier

· 01-07 15:34

I'll just say it, the PMI data seems to ease but is actually stuck in an awkward position. The Federal Reserve's "wait-and-see stance" is the most fatal to the crypto world.

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BuyHighSellLow

· 01-07 15:28

PMI data seems to be just setting us up, a rebound in orders sounds good but the Federal Reserve will definitely pour cold water on it. Rate cuts are still a long way off, everyone.

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down_only_larry

· 01-07 15:18

Order recovery but weak employment, why would the Federal Reserve rush to cut interest rates? Cryptocurrencies should continue to consolidate sideways.

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BTCBeliefStation

· 01-07 15:07

Basically, this data indicates that the Federal Reserve will continue to keep interest rates fixed, so our coins might have to stay sideways for a while.

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