Friday is here again. This week, the market felt like it was on pause—U.S. stocks went sideways, and Bitcoin moved sideways too. On the surface, everything seems calm, but in reality, all kinds of capital are holding their breath, waiting for that crucial decision from the Fed in December.



Volatility? There is some, but it's just minor fluctuations. A few data points were released yesterday, and the market didn’t even blink. Now everyone is focused on just one thing: Will there be a rate cut this time? A 0.25% cut is the consensus, but what if there's a surprise? No one dares to guarantee anything.

This week will probably just drift by like this. The real action will come next week: the dot plot will be released, Powell will speak, and a bunch of economic data will be announced all at once.

That's when the market will really start to move. And opportunities will follow.
BTC-1.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SillyWhalevip
· 14h ago
The sideways market has been going on for so long I'm about to fall asleep, just waiting for next week's big show. As soon as Powell speaks, there will probably be another shakeout. Better play it safe for now. Holding coins now is all about mentality—whoever breaks down first loses. The rate cut is about to happen, feels like the opportunity is just around the corner. Wait, wait, wait—there's no rush for just a few more days anyway.
View OriginalReply0
ruggedNotShruggedvip
· 12-05 05:49
Holding our breath waiting for that moment, I’m speechless. It feels like the entire market is playing the Red Light, Green Light game.
View OriginalReply0
GateUser-74b10196vip
· 12-05 05:45
Sideways consolidation this week, nothing happened. Just waiting for that Fed talk.
View OriginalReply0
GateUser-40edb63bvip
· 12-05 05:43
It's been sideways for so long, the coins in my hand are about to grow mold. If Powell pulls another stunt next week, I'll just dump them.
View OriginalReply0
GasFeeSobbervip
· 12-05 05:28
Wait for Powell's speech. Will we really see something this time, or will it just be more back-and-forth?
View OriginalReply0
TokenTherapistvip
· 12-05 05:21
Waiting for that move from the Fed? To be honest, I don't even dare to touch my positions right now, afraid of either missing out or getting trapped.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)