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Before major data releases, write down your answers first. Don’t wait for the candlesticks to slap you in the face before changing the questions.
ISM Services PMI is released Monday at 22:00. First record the high and low from the 5 minutes before the release, then watch:
①Headline index + new orders: economic conditions
②Price index: inflation
③15 minutes later, whether the 2-year Treasury and BTC continue moving in the same direction
If it hasn’t broken out of the original range, treat it as noise for now. Looking only at whether PMI is high or low will make you miss the scenario where “economic conditions improve, but interest-rate pressure also increases.”
#Bitcoin #ISM