According to Greeks.live macro analyst Adam in the X post, the community is cautiously optimistic about the market, but divided on the short-term trend, most traders see $10.8-11 million as a key resistance level. While there is general agreement on the uptrend, there is disagreement on whether to actively build long positions or wait for a pullback before increasing exposure.
Macro policy factors will support the dollar to continue to rise, and the dollar may be about to reach the moment of "buy rumors, sell facts"? The target price of $1 in the Quarter is... > >
According to Bitfinex's latest Alpha report, Bitcoin's relative strength under macro pressure can be attributed to optimism about potential regulatory changes. President-elect Donald Trump's new term and a more favorable cryptocurrency policy outlook have boosted market confidence, providing a counterweight to the broader risk asset challenge. With bitcoin trading at $90,000...
January 12, next week's important macro events and data forecast: Tuesday: Data: US December PPI annual rate, US December PPI monthly rate. Event: 2025 FOMC voting committee, Kansas Federal Reserve President Schmid delivered a speech. Wednesday: Data: U.S. EIA, API crude oil inventories; German full-year GDP growth in 2024; U.S. CPI data in December. Events: FOMC Permanent Voting Committee, New York Fed President Williams delivers opening remarks at an event; JPMorgan Chase...
Zach Pandl, head of research at Grayscale, said the price outlook remained "structurally bullish" despite temporary headwinds in macroeconomic data. On January 10, the US jobs report was positive, as the expected pace of interest rate cuts slowed, the dollar rose, and the BTC spot price fell below $93,000. Pandl said: "Bitcoin appears to be subdued by the strength of the dollar, which is rising due to the tougher policy of the Federal Reserve and the threat of tariffs. Today...
Greeks.live macro researcher Adam issued a document saying that affected by the collapse of US stocks such as Nvidia and Tesla, cryptocurrencies have also ushered in a significant adjustment, bitcoin fell below 100,000 dollars again, counterfeit products fell more violently, and market sentiment turned pessimistic. In terms of options data, short-term IV rebounded slightly, but still at a low level, and the market's pricing of future fluctuations remained unchanged. Options Skew and futures prem...
Samuel Tombs, an analyst at Panson Macro, said the Fed will soon be concerned about "an oversupply of labor and unpopular weak wage growth." He said the increase in job openings in the November JOLTS report was a surprise, but there are signs that employment costs are cooling. Tombs noted that the drop in the quit rate from 2.1% to 1.9% "indicates a sharper slowdown in [employment cost] growth." "So two straight months of 0.4% growth in average hourly earnings looks like noise around a trend tha...
On January 4th, the 2025 People's Bank of China Work Conference was held from January 3rd to 4th. The meeting pointed out that in 2024, the People's Bank of China will take Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as the guide, resolutely implement the decisions and arrangements of the Party Central Committee and the State Council, effectively perform macro-control and financial management responsibilities, increase counter-cyclical adjustment efforts, improve p...
Greeks.live macro researcher Adam wrote on the X platform that Europe and the United States have entered the Christmas holiday, and the traditional market is closed, but the crypto market driven by Bitcoin has risen significantly. Due to the poor liquidity during the holiday, the market needs less motivation to rise and fall. In terms of options, short-term implied volatility continues to decline, and market makers are moving positions towards the end. It is expected that volatility will be stab...
French President's Office: President Macron will convene all parties willing to compromise to form a government on Tuesday.
Important news 1. A package of macro policies drove PPI from a decline to an increase in November, and the core CPI continued to rebound. 2. The "whitelist" of professional institutional investors offline will be released, and IPOs can be given priority for placement. 3. The maturity scale of reverse repurchase decreased significantly this week, the central bank's capital operation continued to tighten, real estate policies showed results, and funds were not loosened at the beginning of the mont...
On December 9th, Greeks.live macro researcher Adam wrote on the X platform that the crypto market momentum is like a rainbow, ETF maintains the inflow trend, BTC 100,000 US dollar and ETH 4000 US dollar integer mark have been broken. This week there are CPI and European Central Bank interest rate important data, but the recent cryptocurrency to go independent market, the impact of the macro market is limited, ETF and crypto-related US stock funds flow...
The securities arm of Wells Fargo believes that favorable macroeconomics and accommodative monetary policy will continue to propel the U.S. stock market, which has performed well in 2023 and 2024. Christopher Harvey, head of equity strategy at Wells Fargo, wrote in a note to clients on Dec. 3 that the S & P 500 would stand at 7,007 by the end of December. At Wednesday's close of 6,086, the gain would be 15 percent. The benchmark, which climbed 24 percent in 2023, is up 28 percent this year, the ...
Sources: French President Emmanuel Macron will not announce the name of the next prime minister on Thursday night local time.
French President Emmanuel Macron: I will appoint a new prime minister in the coming days.