January 16th will bring several key moments in the US stock market, worth paying close attention to for cryptocurrency traders.

First, regarding the Federal Reserve—speeches by officials such as Smith, Bowman, and Jefferson can essentially determine the short-term direction. If they hint at a hawkish stance, emphasizing that inflation is not fully under control and that rate cuts will be on hold, the crypto market is likely to be pressured; conversely, if their tone is dovish, market risk appetite will immediately increase, and assets like #数字资产市场动态 $ETH may experience a rebound.

Don't overlook economic data either. The NAHB Housing Market Index and December industrial production month-over-month reflect the health of the US real economy. If the data falls short of expectations, it indicates economic weakening, leading markets to strongly anticipate the Fed will ease policy later on, which is a real positive for crypto assets. But if the data exceeds expectations and the economy shows unexpected resilience, crypto prices may face short-term pullback pressure.