👁 Context: Why is the market boring?



The market has been in a state of boredom and stagnation since the last week of November, as everyone has been waiting and watching for the interest rate conference. Jerome Powell came to reinforce this deadlock with his new stance: "There is no pre-set plan; we will make decisions at each meeting based solely on new data."
👈 Current situation: liquidity frozen
Due to this waiting and tying the market’s fate to data, liquidity has "frozen." Major investors prefer to keep their funds in stablecoins (Stablecoins) rather than risk in an unknown direction market, which has created this boredom.
⚡️ End of boredom.. next week:
This long and boring calm will suddenly break next week because the critical data Powell is waiting for will be released, along with a coming threat from the East:

▪︎ Thursday (USA): (Inflation and labor market).
Inflation data (CPI) and unemployment claims will be released. Since Powell relies on them, the equation is as follows:
If inflation figures are higher than expected, this is very bad and means interest rates will remain high.
And if unemployment claims are lower than expected (a very strong labor market), this is also bad for markets because it gives the Federal Reserve an excuse to delay interest rate cuts.
▪︎ Friday (Japan):
The world is watching for the expected +0.25% hike in Japanese interest rates (. Historically, this decision is considered a "nightmare" for global liquidity )because it ends the era of cheap yen(, and in previous times caused a sharp drop in Bitcoin by 25% to 30%🩸)#CPI #BOJ
BTC0.7%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)