Recently, there have been some issues with US economic data. The November PPI month-over-month rate surged to 3%, reaching a new high since July; retail sales also exceeded expectations with a 0.6% increase. Under these circumstances, the market's negative factors have overshadowed the positives, which is a bit uncomfortable.
Inflation is still quite stubborn, and consumer data remains strong, meaning the Fed's room to cut interest rates has been significantly reduced. Smart money has already started to hedge risks, and you can feel the tense atmosphere across the market.
For friends trading Bitcoin, Ethereum, or other cryptocurrencies, there are a few points to watch during this phase. It's best not to rush into buying the dip in the short term; let the market digest this wave of negative news first. The key focus should be on the PCE data scheduled for January 26th—this is a critical milestone. If the PCE continues to stay high, the expectation of a Fed rate cut in March will basically be dashed, and the volatility in the crypto market will further increase.
The longer the high-interest-rate environment persists, the greater the pressure on risk assets. Now is the time to hold steady, stay patient, and wait for the next opportunity.
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PortfolioAlert
· 5h ago
Wait a minute, inflation is still causing trouble, and the Federal Reserve's rate cuts are still nowhere in sight. Our coins will continue to be battered.
We need to keep a close eye on the PCE data; if it remains high, it will be really uncomfortable.
Right now, just hold tight. Don't rush to buy the dip; let the bullets fly for a while.
View OriginalReply0
degenwhisperer
· 13h ago
Here we go again, with interest rate cuts nowhere in sight. My coins are almost worth nothing now.
View OriginalReply0
MissedTheBoat
· 13h ago
Here it comes again, inflation is really unbearable
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Rate cuts are nowhere in sight, the coins in hand are directly trapped and dead
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Wait for PCE, on January 26th either a turnaround or continued burying
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Smart money has already run away, are we retail investors still bottom-fishing? Laughing to death
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Acting now is just giving away, is it really that hard to be patient and wait?
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The dream of rate cuts in March should wake up, reality is a bit painful
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In the era of high interest rates, risk assets should step aside
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This wave of market is a psychological battle, only those with steady hands can survive until the end
View OriginalReply0
DeadTrades_Walking
· 13h ago
Coming back with this again? How can inflation still be so persistent? So frustrating.
No more rate cuts, what else can we do?
Hold tight, don't buy the dip. This wave isn't worth it.
Let's look at PCE data again that day. See you at the end of January.
Strong consumer data. Are they trying to make us sell at a loss?
Smart money has already left. What are we still doing here?
How long will this devil of high interest rates stay with us?
Just lie low and wait for opportunities. Keep a steady mindset.
View OriginalReply0
SchrodingerWallet
· 13h ago
Here comes another wave of inflation chaos, the rate cut dream is shattered
Wait until January 26, the PCE data is the real truth detector
Short-term bottom fishing? I advise you not to rush, let the bullets fly a little longer
Holding steady is the key, now is the time to test your mentality
High interest rates are really disgusting, risk assets have been tough lately
With such strong consumption data, the Federal Reserve probably has no temper left
I feel the first few months of the year will be very painful, be mentally prepared
Let's wait and see, what will the data on January 26 say
Recently, there have been some issues with US economic data. The November PPI month-over-month rate surged to 3%, reaching a new high since July; retail sales also exceeded expectations with a 0.6% increase. Under these circumstances, the market's negative factors have overshadowed the positives, which is a bit uncomfortable.
Inflation is still quite stubborn, and consumer data remains strong, meaning the Fed's room to cut interest rates has been significantly reduced. Smart money has already started to hedge risks, and you can feel the tense atmosphere across the market.
For friends trading Bitcoin, Ethereum, or other cryptocurrencies, there are a few points to watch during this phase. It's best not to rush into buying the dip in the short term; let the market digest this wave of negative news first. The key focus should be on the PCE data scheduled for January 26th—this is a critical milestone. If the PCE continues to stay high, the expectation of a Fed rate cut in March will basically be dashed, and the volatility in the crypto market will further increase.
The longer the high-interest-rate environment persists, the greater the pressure on risk assets. Now is the time to hold steady, stay patient, and wait for the next opportunity.