The crypto market welcomes a new week with a calm weekend. Last Friday's non-farm payroll data did not cause much fluctuation, but the decline in the unemployment rate directly suppressed market expectations of a rate cut in the near future— the next rate cut is generally expected to be pushed back to June.

There are two key data points to watch this week. On Tuesday, focus on the December CPI, which is the most important indicator of the week; on Wednesday, pay attention to retail sales and PPI performance. Currently, the market generally expects inflation to remain high. Under this background, the Federal Reserve is likely to continue holding steady and observing the situation.

In the short term, the rhythm of the crypto market is mainly centered around these macroeconomic data points. Rather than rushing into positions, it’s better to first understand the market direction before making decisions.