The two important data points that are late tonight could very well trigger the bull run!
The market is now waiting for a clear signal of interest rate cuts—if retail sales and PPI data show signs of weakness, it would be equivalent to directly handing the Federal Reserve a petition for rate cuts. The weaker the data, the stronger the expectation for a shift in liquidity, which serves as the strongest catalyst for Bitcoin, an asset sensitive to interest rates. Remember this logic chain: economic slowdown → Federal Reserve takes a step back → market liquidity improves → risk assets are repriced. Now institutions are all waiting for this confirmation signal; as long as the data cooperates a bit, the pent-up buying pressure that has built up over several months will be unleashed. I judge that whenever the data falls short of expectations, Bitcoin and Ethereum are likely to break through key resistance levels and take off directly. #Gate广场圣诞送温暖
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The two important data points that are late tonight could very well trigger the bull run!
The market is now waiting for a clear signal of interest rate cuts—if retail sales and PPI data show signs of weakness, it would be equivalent to directly handing the Federal Reserve a petition for rate cuts. The weaker the data, the stronger the expectation for a shift in liquidity, which serves as the strongest catalyst for Bitcoin, an asset sensitive to interest rates.
Remember this logic chain: economic slowdown → Federal Reserve takes a step back → market liquidity improves → risk assets are repriced. Now institutions are all waiting for this confirmation signal; as long as the data cooperates a bit, the pent-up buying pressure that has built up over several months will be unleashed.
I judge that whenever the data falls short of expectations, Bitcoin and Ethereum are likely to break through key resistance levels and take off directly. #Gate广场圣诞送温暖