Recently, there are several highlights in the market:

News has come out from Trump’s side that the candidate for the Federal Reserve chairman has been determined. This is not a small matter for the crypto world, as the Federal Reserve's monetary policy directly affects liquidity.

The data layer is more intuitive - the on-chain holding value of the spot Bitcoin ETF has already surged to $150 billion. This scale can also be considered heavyweight in traditional finance.

Notable events for the upcoming week: Powell will give a speech, the U.S. PCE inflation data will be released, and the ADP employment report (commonly known as the small non-farm report) will also come out. These indicators can essentially determine how the short-term market moves, so it is recommended to pay close attention.

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CryptoCrazyGF

· 12-01 06:03

If the new chairman of the Fed is hawkish this time, the coin is likely to fall this week. However, the $150 billion ETF holdings number still looks pretty good. --- Powell's speech + PCE data, that's the ticking time bomb for this week, right? No matter if it rises or falls, it’s likely to shed a layer of skin. --- A $150 billion Bitcoin ETF, to be honest, this really changes the game; TradFi will have to pay attention to us. --- What is Trump up to again? The Fed chair's decisions can really determine our direction this week, betting on a small non-farm? --- Wait, isn't the PCE data the key? All those other things are just side dishes; if this month's number is high, the coin will be in big trouble.

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PositionPhobia

· 12-01 06:02

Powell spoke this Monday, and it seems like there will be some more turmoil.

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TokenUnlocker

· 12-01 05:53

150 billion USD in ETF holdings, this wave indeed has some substance. Powell is about to make a big move, feeling like this week's market will be quite intense. Is the Fed chair confirmed? Then liquidity expectations really need to be adjusted. Once the small non-farm data comes out, we'll probably know the direction, so keep your position safe. With the size of this spot ETF, the big players in TradFi are also starting to take coins seriously. Once the PCE data is released, it basically sets the tone, still need to continue observing.

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PerennialLeek

· 12-01 05:38

$150 billion Spot ETF, this number is not to be underestimated, TradFi should be worried. Powell spoke this Monday, we might be in for another rollercoaster ride. Is there a change in the Fed chair? This matter really affects us greatly. On the day PCE inflation data is released, I need to keep an eye on my phone and not fall asleep. The night before the non-farm payroll report, I already knew a wave of volatility was coming. Liquidity is still so critical, the crypto world is really being led by Washington. With a $150 billion market size sitting here, even if it falls, it can't drop too much, right? This week is packed with data, it feels like something big is about to happen. A decision from the Fed can lead to two waves of coin price fluctuations.

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LightningLady

· 12-01 05:34

The Fed Chairman is key in this matter, we need to keep a close eye on what Powell says. 150 billion is indeed a huge number, TradFi must be panicking. The non-farm payroll is coming, this week might be painful. Only when the PCE data comes out will we know the real story, discussing it now is pointless. Liquidity is the way to go, everything else is just fluff.

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