Although the U.S. market is closed this Monday, the global financial markets are still turbulent. Several important economic data to be released this week may become key factors for short-term fluctuations in the crypto assets market.



The ISM Manufacturing PMI data on Tuesday is worth paying attention to. This indicator is considered a barometer of the U.S. economic activity, with a figure below 50 indicating economic contraction. However, the market logic has changed recently. When the PMI fell to 46.7 last October, Bitcoin rose instead of falling, increasing by 15% within a week. This is because investors believed that there were limited opportunities in the traditional market and turned to bet on the rebound of Crypto Assets.

On Thursday, unemployment claims and trade data will be released. These seemingly minor data points could also trigger market fluctuations. For example, a significant drop in unemployment claims could strengthen the Federal Reserve's hawkish stance, indirectly affecting the crypto assets market. An expanding trade deficit could lead to fluctuations in the dollar, thereby impacting the BTC/USD exchange rate.

The non-farm payroll report and unemployment rate data on Friday are undoubtedly the most important economic indicators of the week. These data often trigger significant market reactions. Generally, if the employment data falls short of expectations, the market may initially drop and then rise; if the data exceeds expectations, it may initially rise and then fall. In January of this year, the non-farm payroll added 353,000 jobs, far exceeding expectations, resulting in a significant fluctuation in Bitcoin prices on that day.

For investors, taking immediate action after the non-farm data is released may carry significant risks. A wiser approach is to wait for the market to fully digest this information before making decisions, as this may increase the probability of profit.

In this seemingly calm market environment, investors need to closely monitor these economic data, as they may become key factors triggering the next round of Fluctuation in the Crypto Assets market.
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ZenZKPlayervip
· 7h ago
Let's wait and buy the dip at a high position, hahaha.
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PumpAnalystvip
· 23h ago
It's time to Be Played for Suckers again. Where is the support level this time planned to pump?
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SmartContractRebelvip
· 23h ago
Big short positions readying
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LuckyBearDrawervip
· 23h ago
Great great great, finally waiting for the PMI data.
View OriginalReply0
rugged_againvip
· 09-01 10:29
I have to struggle with the data again, it's so annoying.
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