Sometimes the best trade is when you do nothing.
This week, $BTC will see two macro signals at once: employment and PCE. They can, within just a few hours, completely shift market expectations for rates.
If the economy starts to cool along with inflation, buyers will get a new argument. If the numbers turn out to be stronger than expected, sentiment could change abruptly.
That’s why I wouldn’t open large positions ahead of the releases—especially with leverage.
First the data. Then the reaction. And only after that—the decision.
Right now, the market is too close to an important threshold to try to guess.
This week, $BTC will see two macro signals at once: employment and PCE. They can, within just a few hours, completely shift market expectations for rates.
If the economy starts to cool along with inflation, buyers will get a new argument. If the numbers turn out to be stronger than expected, sentiment could change abruptly.
That’s why I wouldn’t open large positions ahead of the releases—especially with leverage.
First the data. Then the reaction. And only after that—the decision.
Right now, the market is too close to an important threshold to try to guess.
