The data-heavy week is here, so don’t rush in.
Wednesday’s 10-year U.S. Treasury auction is the leading indicator, Thursday’s PPI will test the waters first, and Friday’s CPI is the main event. August data probably won’t be too cool, so rate-cut expectations may get crushed again, and BTC hates this kind of grinding macro environment the most.
To be honest, the market is now more sensitive to bad news than good news. If CPI comes in even a little above expectations, bears will use it as an excuse to sell off another wave. As always, don’t max out your position before the data is released.
$BTC #非农数据 #美联储 #CPI #macroeconomics
Wednesday’s 10-year U.S. Treasury auction is the leading indicator, Thursday’s PPI will test the waters first, and Friday’s CPI is the main event. August data probably won’t be too cool, so rate-cut expectations may get crushed again, and BTC hates this kind of grinding macro environment the most.
To be honest, the market is now more sensitive to bad news than good news. If CPI comes in even a little above expectations, bears will use it as an excuse to sell off another wave. As always, don’t max out your position before the data is released.
$BTC #非农数据 #美联储 #CPI #macroeconomics
