At the end of the year trading week, macroeconomic data is coming in succession, and these indicators will ultimately affect the direction of Fed policy, which will be transmitted to the crypto market.

Next Wednesday (December 24), pay close attention to several data points:

At 2:00 AM, the total number of oil rigs in the United States will be released. This is a leading indicator reflecting the prosperity of energy investment.

02:30 is the release of the Bank of Canada's monetary policy meeting minutes - the policy signals from neighboring countries often have a subtle impact on North American trading liquidity.

05:30 US API crude oil inventory data released. As the king of commodities, changes in oil inventory directly reflect economic expectations, and the market typically reacts sensitively to this.

The most important thing is coming - the U.S. initial jobless claims at 21:30. This is one of the employment indicators that the Fed pays the most attention to. Strong data may strengthen expectations for interest rate hikes, while weak data suggests signs of economic cooling. Regardless of the direction, it will impact investors' risk appetite and crypto asset allocation.

It is recommended to pay close attention to the release of the last two data points, as volatility may significantly increase at that time.