Tonight, the cryptocurrency market faces a triple test, and volatility risks need to be vigilant

Tonight, the cryptocurrency market will experience a concentrated impact from three major key events, and short-term volatility may significantly increase. The US retail sales data for March, released at 20:30, is the first solid economic indicator since the outbreak of the US-Iran conflict. The strength of the data will directly influence the market's judgment on the pace of interest rate cuts: if the data exceeds expectations, the expectation of rate cuts will further cool down, and risk assets like BTC will be pressured to retrace; if the data is weak, risk aversion sentiment may temporarily boost the hedging demand for cryptocurrencies.

At the same time, Trump will participate in a CNBC program, and statements on Iran topics may trigger rapid changes in geopolitical risks, and market liquidity may experience phased tightening. Subsequently, at 22:00, the Fed Chair nomination hearing of Jerome Powell will influence market expectations of future monetary policy through his stance on inflation and interest rates. Hawkish rhetoric may intensify market volatility.

Currently, the crypto market is highly sensitive to macro news. Under the overlay of three events, short-term bulls and bears will compete more fiercely. Investors need to strictly control their positions and beware of risks from sharp fluctuations. #Gate13周年现场直击 $BTC $ETH