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Don't remind me again today

This week's schedule is a bit packed, and several key moments may cause the crypto market to have a roller coaster ride.



First, let's talk about the two most critical points:

On Wednesday morning, Federal Reserve Chairman Powell is set to speak. Any change in his wording regarding interest rates and inflation could instantly ignite or douse market sentiment. This person is known for being very cautious with his words, but the market loves to find clues in the nuances—after all, liquidity expectations are directly related to the logic of Bitcoin's price movements.

On Friday evening, the core PCE data for September will be released. This is the inflation gauge that the Federal Reserve relies on the most, and whether the data exceeds or falls short of expectations will immediately impact the pricing of risk assets. In simple terms, if the number looks good, the market will breathe a sigh of relief; if the number looks bad, risk-averse sentiment may spread instantly.

In addition, Thursday's ADP employment data (commonly known as "little non-farm") and Friday's consumer confidence index will continue to add uncertainty to the market. When these data points are combined, they will create a complete assessment of the U.S. economic climate, making fluctuations hard to avoid.

Some practical suggestions:

**Don't rush to place heavy bets this week.** Before and after important data is released, the market is prone to significant fluctuations, and the cost-effectiveness of guessing the direction in advance is very low. Instead of betting on news, it's better to wait for the shoe to drop.

**Check your position.** Ask yourself a question: If the market suddenly drops by 10%, can you stay calm? If the answer is no, then it’s time to appropriately reduce your position. Surviving is more important than going all in.

**Don't just focus on the coin price.** The trends of the three major US stock indices, gold, and the US dollar index will resonate with the crypto market. Especially the correlation between Nasdaq and Bitcoin has become increasingly evident in recent months.

In summary, this week is likely to be dominated by news. The market needs time to digest these signals, and the direction will gradually become clearer after the chaos. Stay steady, don't be impulsive.
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