"Two" big things to note in the crypto market next week!
Next week, in addition to observing intraday trading volume and early morning trading conditions and sentiments on Monday, there are two important news aspects that we need to pay attention to.
One is the U.S. monetary policy minutes to be held next Wednesday. During the minutes, the presidents of major U.S. banks will once again express their respective views on the Fed's interest rate hikes at the end of the year. At the same time, the presidents of other U.S. banks will also give speeches next week, targeting the Fed. Statement on the agenda for future interest rate hikes, etc.
The second is the U.S. CPI data on Thursday, which is the U.S. Consumer Price Index. This index is also an important data for measuring the U.S. inflation rate. At the same time, this data will also increase or decrease expectations for the Federal Reserve to raise interest rates. Among them, the annual rate of CPI is a value that we are more concerned about. This value will directly affect the Fed's monetary policy control.
One thing we need to pay attention to is the core annual rate and monthly rate of the US CPI. The core CPI rate is the CPI data that excludes food and fuel. American economists believe that the growth of the core US CPI data will be 0.3%, maintaining the same level as the previous value. The same, but the current energy problems in the United States may directly push up this month's CPI annual rate data. A slight rebound in inflation could lead to the Fed's willingness to raise interest rates.
Of course, it can be seen from this week that the market's panic expectations about the Fed's future interest rate hikes are getting smaller and smaller. In fact, it doesn't matter if the interest rate hike expectations are getting higher and higher. If the market does start to actively rebound next week, then if the interest rate hikes are suspended, If the voice gets louder, it may drive bullish sentiment in the market.
In short, as expectations for the Fed to raise interest rates are getting higher and higher, the market may not fall too much. If the possibility of suspending interest rate hikes increases, the market will rebound strongly. This is judged based on the current market conditions. I will make a detailed analysis and judgment based on the actual disk data next Monday.
