2026-01-06 08:33:01

On Monday, after the release of US manufacturing data, the dollar continued to weaken. The December ISM Manufacturing PMI registered at 47.9, a decrease from 48.2 in November and below the market expectation of 48.3. This data completely released the risk premium that had accumulated due to the Venezuela-related events.

The US Dollar Index DXY fell by 0.1%, currently at 98.19. Just a few days ago, it was close to the four-week high of 98.86, and the turnaround was quite rapid. Currently, market attention is focused on one question: when will the Federal Reserve start a new round of rate cuts? Various economic data have become key indicators for judging this point, especially the upcoming non-farm payrolls report on Friday, which is widely considered to be the most important signal of the week. Crypto investors are also watching these numbers, as the dollar's movement and interest rate expectations directly influence the pricing logic of risk assets.

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GateUser-2fce706c

· 01-09 08:05

I've already said that the US dollar has peaked, and it's still too slow to react now. The window for bottom-fishing is just a few days away. Non-farm payroll data is the real watershed. The Federal Reserve lowering interest rates is the general trend. Those who understand the market have already started to position themselves. Don't wait until everyone knows and then regret it. This round of correction is the best opportunity to get in. Opportunity only knocks once, don't wait. The data is already very clear; the key is whether you dare to enter the market. The signal of DXY breaking 98 is very obvious. I already warned about it in the group. See you on Friday for non-farm payroll. At that time, risk assets will take off. Staying on the sidelines now means losing money. The biggest beneficiaries of a weakening dollar are these, so you must have the first-mover advantage.

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BearMarketHustler

· 01-08 09:39

Manufacturing data is so poor, why isn't the dollar falling? This is normal. Friday's non-farm payrolls are the real decisive moment; everyone is waiting for it. The risk aversion premium has been released, now it all depends on the Fed's stance. This wave of dollar correction isn't enough; only when interest rate cuts are announced will it be truly wild. What is the crypto circle paying attention to? Just wait for Friday's data, everything will be clear. The DXY above 98 is no longer surprising; the question is how low it can go. Manufacturing weakness is so obvious that the rate cut expectations have already filled the entire market.

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MissedAirdropBro

· 01-06 09:01

Manufacturing data is terrible, and the dollar immediately drops the chain, this rhythm is incredible. The risk aversion premium is released like this; Friday's non-farm payroll data will be the real game-changer. PMI is 47.9, still thinking about rate cuts, the Federal Reserve needs to figure out how to smooth this situation. The dollar dropped from 98.86 to 98.19, the decline doesn't look big but the turn is quick, the crypto market is about to follow suit. Once the rate cut expectations are realized, will risk assets take off? Let's wait for Friday's non-farm payroll data.

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TrustlessMaximalist

· 01-06 08:55

Manufacturing data breaks below, the dollar quickly weakens, and the risk aversion enthusiasm instantly dissipates... It seems that the rate cut expectations are still hard to suppress. --- PMI 47.9 really isn't as strong as expected, the Federal Reserve probably has to consider it too. --- Waiting for Friday's non-farm payrolls, this is the real game-changer of the week. When that happens, risk assets will dance again. --- The dollar dropped from 98.86 to 98.19, the turnaround was so fast it's unbelievable. The crypto circle needs to keep a close eye on it. --- The risk aversion benefit from the Venezuela incident was broken in a second. Now all focus is on the rate cut event, this psychological battle is also incredible.

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GameFiCritic

· 01-06 08:44

PMI drops below 48, and the dollar's recent decline is indeed a bit rapid... But to be honest, the non-farm payroll data is the real variable. If employment figures come in below expectations this Friday, once the rate cut expectations are locked in, the valuation logic of risk assets will be completely reversed.

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OneBlockAtATime

· 01-06 08:41

PMI missed expectations again, and the dollar has fallen quite quickly this wave... Friday's non-farm payrolls are the real highlight. The expectation of interest rate cuts is real this time; it's all about waiting for the data confirmation. Whether the crypto market eats up or cuts losses depends entirely on this week. A weaker dollar sounds good, but interest rates can change the game completely, so it's better to stay on the sidelines and watch. Before the non-farm payroll data is released, it feels like all positions are betting on this move—it's exhausting. ISM has fallen below the growth/decline line again; economic data is getting worse and worse.

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