Cena Satoshi PumpomotoBTC

Another chaotic weekend, $BTC at its stability point, $ETH also waiting for the major coin to take off. The dog coins are crouching without barking, $PEPE wanting to make a big leap but still gaining momentum, and $XRP has us in suspense if it exceeds its breaking point or remains stable for another few years.

$BTC The upcoming week will see the release of significant economic data from the United States, including the Producer Price Index (PPI), Consumer Price Index (CPI), and retail sales figures, often referred to as 'scary data.' These releases are anticipated to influence market volatility. On Tuesday at 00:00 UTC+8, the New York Federal Reserve's one-year inflation expectations for December will be announced. Later that day, at 21:30 UTC+8, the U.S. December PPI data will be released, followed by a speech from Kansas City Fed President and 2025 FOMC voting member, Esther George, at 23:00 UTC+8. Wednesday's schedule includes an opening address by New York Fed President and permanent FOMC voting member, John Williams, at 04:00 UTC+8. At 21:00 UTC+8, Richmond Fed President and 2027 FOMC voting member, Thomas Barkin, will deliver a speech. The U.S. December CPI data and January New York Fed Manufacturing Index will be released at 21:30 UTC+8. Additionally, Minneapolis Fed President and 2026 FOMC voting member, Neel Kashkari, will participate in an online regional economic conference at 23:00 UTC+8. On Thursday, John Williams will speak again at 00:00 UTC+8, followed by a speech from Chicago Fed President and 2025 FOMC voting member, Austan Goolsbee, at 01:00 UTC+8. The Federal Reserve's Beige Book, detailing economic conditions, will be published at 03:00 UTC+8. At 21:30 UTC+8, data on initial jobless claims for the week ending January 11 and the December retail sales monthly rate will be released. The Federal Reserve's shift to a more cautious stance has been influenced by encouraging signs in the November CPI report, indicating a slowdown in price increases for housing and broader service categories, which are major contributors to inflation persistence. This suggests the potential for a downward surprise in the CPI data scheduled for release next Wednesday. However, any significant deceleration is more likely to occur in the early months of 2025 rather than in the December CPI data from last year. Before the CPI data release, investors will focus on the U.S. December PPI data set to be announced on Tuesday, while Thursday's attention will be on the retail sales data, known for its significant market impact.$BTC

$BTC Fear and Greed Index has increased to 69 today, up from 50 yesterday, indicating a shift to a 'Greed' level. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media popularity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google Trends analysis (10%).

$SONIC Coin, as a cryptocurrency, has a limited direct impact on Forex (FX) trading. However, there are some indirect connections and potential influences to consider: Indirect Connections: 1. *Market Sentiment*: Cryptocurrency market sentiment can sometimes influence FX market sentiment, particularly if there are significant price movements or trends in cryptocurrencies like Sonic Coin. 2. *Risk Appetite*: Changes in risk appetite among investors can affect both cryptocurrency and Fx markets. If investors become more risk-averse, they might move away from cryptocurrencies like Sonic Coin and towards safer-haven currencies like the US dollar. 3. *Inflation and Interest Rates*: Central banks' responses to inflation and interest rate changes can impact both cryptocurrency and FX markets. For example, if a central bank raises interest rates to combat inflation, it could strengthen its currency and potentially affect cryptocurrency prices. Potential Influences: 1. *Cryptocurrency-FX Pairs*: Some Forex brokers offer cryptocurrency-FX pairs, such as BTC/USD or ETH/USD. While Sonic Coin is not a widely traded FX pair, its price movements could potentially influence other cryptocurrency-FX pairs. 2. *Hedging and Speculation*: Some investors might use Forex markets to hedge against potential losses in cryptocurrency markets or speculate on price movements. This could lead to increased trading activity in certain FX pairs. 3. *Regulatory Environment*: Changes in regulations or laws affecting cryptocurrencies could impact FX markets, particularly if they influence the availability or attractiveness of certain currencies. In summary, while $SONIC Coin does not have a direct significant impact on Forex trading, there are indirect connections and potential influences to consider. FX traders should remain aware of market sentiment, risk appetite, and regulatory changes that could affect both cryptocurrency and FX markets.

Market update- A bad day of price action for Bitcoin yesterday catching out traders on both sides. We are seeing $93.5k (Monthly Open) holding as 4hr support now, as we were looking for, but BTC has been able to hold $95k+. I am not expecting any significant moves today, but I will be watching the reaction of any push towards $96k (4hr EMA200) or further retests of $93.5k.