Next week’s market highlights are packed, with several key events worth paying attention to.

Over the weekend, Trump announced tariffs on eight European countries, which will continue to trigger changes in the global trade situation. By Thursday, the US PCE data will be released. Although the market influence of the Federal Reserve Chair has somewhat diminished compared to before, the PCE, as the Fed’s preferred inflation indicator, remains worth close monitoring. If the data is positive, it should be bullish for the overall sentiment in the crypto space.

On Monday, China will release its Q4 economic report, which relates to macro fundamentals. On Tuesday, the US Supreme Court will make a ruling on tariff transactions, which could influence subsequent policy directions. By Friday, the Bank of Japan will announce its latest interest rate decision. Historically, Japan’s rate hike cycles tend to put pressure on the crypto market, but this time, rates are likely to remain unchanged.

From a trading perspective, our advice remains cautious: focus on buying on dips and avoid large short positions. In the long term, breaking $200,000 for Bitcoin is just a matter of time, so there's no need to be overly pessimistic. Managing risks well and waiting for opportunities is the key.