Today through tomorrow, there are 3 things in Crypto that I will be closely watching.

Recently, the overall market has just gone through a round of rapid gains, so now don’t just focus on the candlestick chart—macros are the key factor that will determine the direction next.

📌 First: Tonight’s U.S. initial jobless claims
If the data clearly weakens, the market may start pricing in rate cuts again. Conversely, if employment remains strong, interest-rate pressures could continue to weigh on risk assets.

📌 Second: Jackson Hole
Right now, what the market is truly waiting for isn’t data—it’s what the Fed will say next.

📌 Third: Tomorrow, Fed Chair Warsh’s speech
This is the event I think is most worth paying attention to.

Yesterday’s PCE already showed that U.S. inflation is still fairly high, and expectations for a September rate hike have clearly heated up.

So going forward, I won’t blindly chase higher prices, and I also won’t flip around and short just because the market has already rallied.

Whether <$BTC > can hold the key support, and whether the Fed’s remarks are more hawkish or not, are the core of how I judge the next phase of the market.

If the Fed’s stance isn’t as hawkish as we imagine, risk assets could keep moving upward.

But if it releases stronger tightening signals, then don’t stubbornly fight the market.

What traders need to do isn’t to guess the news—it’s to wait for the market to tell us the direction.

Starting tonight, volatility may pick up again. Are you ready?