On January 6th, economic data will be released intensively, causing significant impacts on cryptocurrency prices and volatility. Let's go through the schedule first.

From morning to afternoon, European data will be released consecutively. France kicks things off with the December CPI monthly initial estimate at 15:45, followed by the release of the Services PMI final at 16:50. Then, the final Services PMI for Germany, the Eurozone, and the UK will be announced sequentially from 16:55 to 17:30. These indicators together essentially reveal the current pulse of the European economy — influencing euro movements and risk asset valuations.

In the evening, the news from the US will be even more explosive. At 21:00, Germany will release the December CPI monthly initial estimate, simultaneously with Federal Reserve official Barkin's public speech. This is a must-watch — Fed officials' statements often contain subtle policy signals, revealing their stance on future rate hikes or cuts.

Until 22:45, the US S&P Global Services PMI final will be published. By then, the big picture of European and American economic data will largely come into focus.

On days with intense economic data volatility, market volatility is bound to surge. The price swings of crypto assets often widen. So, the strategy at such times is simple — pay more attention to data, do more homework, and operate less impulsively. Understanding the expected values and historical comparisons of these indicators in advance can help interpret market reactions after the data is released, providing guidance for subsequent positioning.