Based on this data, the market direction is still mixed, but strong volatility could occur in either direction.

📊 My Market View

1. Nvidia Earnings — 🔥 Biggest Catalyst

If Nvidia beats revenue and earnings expectations and provides strong guidance, tech stocks and the crypto market could see strong risk-on momentum. However, weak guidance could trigger a broader market sell-off.

2. Fed + PCE — ⚠️ Most Important

If Core PCE comes in below the expected 3.2%, expectations for rate cuts could increase → bullish for BTC and altcoins.

If inflation comes in higher than expected, the Fed could remain hawkish → more pressure on BTC.

3. U.S.-Canada Trade War — 🔴 Bearish Risk

Tariffs and potential retaliation could hurt global risk sentiment. If trade tensions escalate, both stocks and crypto could face increased downside volatility.

🚀 Crypto Market Outlook

My base case is high short-term volatility with a possible shakeout, followed by a clearer direction once Nvidia earnings and key macroeconomic data are released.

🟢 Bullish Scenario: Strong Nvidia + softer PCE + dovish Fed → 🚀 BTC & Altcoins could pump.

🔴 Bearish Scenario: Weak Nvidia + hot PCE + hawkish Fed + escalating trade tensions → 📉 $BTC & Altcoins could face a correction.