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📊 THIS WEEK'S ECONOMIC CALENDAR
📆 03/24 – Flash PMI (S&P Global)
→ Measures economic health
Strong PMI → Strong USD → Pressure on crypto, gold
Weak PMI → Expectations for easing → Risk assets rally
📆 03/26 – Unemployment Claims
→ Measures labor market
Rising high → Good for crypto
Low → Fed keeps rates high
📌 Federal Reserve still closely tracking data, market prone to "sharp moves" after news
=> If good economic news = Bad short-term for crypto
While bad economic news = Likely rebound wave
👉 Important thing is to avoid entering positions before news announcements