#数字资产市场洞察 Four days of heavy rain or scorching sun? December 23-26 must-see schedule for the crypto market

Liquidity during Christmas week is concerning, and this period is prone to unexpected issues. Crypto traders must keep a close eye on these time points, or they may easily get bitten by a black swan.

**December 23rd Key Coming**

Data release in the US at 21:30 - revised Q3 GDP plus fresh PCE figures. These two indicators determine the Fed's interest rate hike pace and affect global risk asset pricing. $BTC and $ETH are directly influenced by this. After the data is released, there will be a surge in 1-2 hours, remember to reduce leverage positions in advance, and there will be no negotiation on the spike.

**December 24th Christmas Eve Farce**

As soon as the Bank of Japan's meeting minutes are made public in the morning, the aftermath of the December interest rate hike has arrived. This document reveals the path of the interest rate hike, and yen arbitrage funds are getting restless, which will also shake global liquidity. The next announcement of the official interest rate will have to wait until January 23 next year, and this date needs to be marked in red.

In the afternoon, the U.S. initial jobless claims data (21:30) will be released. If the employment market collapses, expectations for interest rate cuts will need to change, and risk appetite could reverse in an instant.

The key point has arrived: the global stock markets are on holiday today. U.S. stocks are closed, European markets are closed, and Hong Kong stocks are half-day, causing liquidity to suddenly evaporate. The trading situation is basically being manipulated by the main forces, and those holding positions should be cautious. It is advisable to observe or lie flat with a light position.

**December 25 Ultimate Uncertainty**

On Christmas Day, the Governor of the Bank of Japan, Kazuo Ueda, will deliver an economic speech. It might be another release of policy signals that directly affect the direction of the yen.

But the most terrifying thing is: Trump may suddenly announce the new candidate for the Federal Reserve Chairman in the next few days. Once officially announced, the entire crypto market's monetary policy expectation framework may need to be restructured, enough to trigger an emotional tsunami.

On this day, major exchanges around the world are on holiday (US stocks, Hong Kong stocks, and European stocks are all closed), and liquidity is basically frozen. Think twice before opening new positions, and ensure proper risk control for existing positions; don't wait for a black swan to knock on your door.

**December 26th Boxing Day Wrap-up**

Japan's unemployment rate for November will be released at 07:30, reflecting the economic fundamentals. It takes time for this to ultimately transmit to the crypto market, but the impact is still there.

The market seems calm over the past four days, but there are actually undercurrents. Making money is important, but staying alive is even more crucial—just check in during Christmas week, don't be greedy.