Don't rush to be optimistic, the market will still have twists and turns before the 20th!

Although the hope of the bull market is still there, there are still several major variables that deserve attention before the inauguration ceremony on the 20th:

1. The unemployment rate will be announced this week, and the CPI will hit next week

These two important data will directly affect market sentiment:

• Unemployment rate is higher than expected: The market may be pessimistic, funds are risk-averse, and Bitcoin (BTC) may fall.

• CPI is not satisfactory: If inflation pressure is high, the market is worried about the Fed's interest rate hike, and risk assets may be hit. The altcoins with smaller gains are more likely to be sold, and the market may be more sluggish.

2. There may be a turnaround after the 20th

Historical data shows that within 100 days after the new US president takes office, the risk appetite of the stock market and the crypto market usually increases, and the entry of funds drives the market up. If the policy benefits are synchronized with the inflow of funds, the market performance is worth looking forward to.

Summary: Be patient and wait, the market is uncertain

The market may fluctuate more before the 20th, and it is mainly cautious in the short term. But the foundation of the bull market is still there. As long as we survive this sensitive period, hope is not far away!