Today, multiple major events in the United States will directly affect the BTC/ETH trend: 01:40 Powell’s speech, 02:00 the Federal Reserve Beige Book, 20:30 Initial Jobless Claims and the Philadelphia Fed Manufacturing Index, combined with frequent remarks from multiple Fed officials including Williams and Milan.



If the Beige Book turns hawkish and the Initial Jobless Claims data comes in stronger than expected, it will reinforce expectations that the Federal Reserve rate cuts will be delayed, which is bearish for cryptocurrencies; BTC/ETH may face downward pressure and probe lower. If the data is weak and officials release dovish signals, it will boost market risk sentiment and drive BTC/ETH higher.

Currently, BTC/ETH is trading in a high-level range. Tonight’s data will become a directional catalyst. Pay close attention to marginal changes in the data and speeches, and be alert to sharp volatility after the data is released. Execute trades with strict position control.
#SEC称部分Defi界面可免经纪商注册 $BTC $ETH #Strategy上周购入13927枚比特币
BTC0,7%
ETH1,44%
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