🚨🚨🚨Key High-Impact Events That Could Shake the Crypto Market This Week 🚀📉

Key High-Impact Events with Potential to Impact the Crypto Market This Week

Friday, January 10

• 1:30 PM EST - US Average Hourly Earnings m/m: High Impact

  • Indicates wage growth, with higher earnings potentially pressuring crypto, while lower earnings may support positive market sentiment.

• 1:30 PM EST - US Non-Farm Employment Change: High Impact

  • Strong job data strengthens the USD, which can negatively impact crypto. Weak data could shift focus to risk assets, potentially supporting crypto prices.

• 1:30 PM EST - US Unemployment Rate: High Impact

  • Lower unemployment could weigh on crypto, while higher unemployment could lead to increased demand as a hedge.

• 3:00 PM EST - US Prelim UoM Consumer Sentiment: Moderate Impact

  • Weak consumer sentiment could boost crypto as a risk-on asset.

Tuesday, January 14

• 1:30 PM EST - US Core PPI m/m: Moderate Impact

  • Measures producer inflation, with higher data potentially pressuring crypto due to fears of interest rate hikes.

• 1:30 PM EST - US PPI m/m: Moderate Impact

  • Similar to Core PPI, with higher numbers potentially weighing on crypto prices.

Wednesday, January 15

• 1:30 PM EST - US Core CPI m/m: High Impact

  • Reflects core inflation, with higher CPI signaling potential rate hikes, which could be bearish for crypto. Lower CPI could spark bullish trends.

• 1:30 PM EST - US CPI m/m: High Impact

  • Measures broader inflation, with higher data negatively impacting crypto, while weaker data supports bullish sentiment.

• 1:30 PM EST - US Empire State Manufacturing Index: Moderate Impact

  • Weak manufacturing data could lead to increased risk-on behavior, potentially supporting crypto prices.

Thursday, January 16

• 1:30 PM EST - US Retail Sales m/m: High Impact

  • Weak sales could boost crypto demand, while strong numbers could weigh on prices.

• 1:30 PM EST - US Philly Fed Manufacturing Index: Moderate Impact

  • Weak regional manufacturing data supports crypto, while stronger numbers could pressure prices.

Focus Areas

• US CPI, Non-Farm Payroll, Retail Sales, and inflation data
• Prepare for volatility by implementing tight stop-loss levels and breakout strategies during these events.