#BTC资金流动性 Key points to watch next week: Can the US GDP data provide support for the Fed's direction on interest rate cuts?

As economic data continues to be released, the market is beginning to reassess the asset allocation direction for 2026. Under the dual influence of inflationary pressures and employment data, the Fed's policy orientation is gradually becoming clear — this will have a substantial impact on the liquidity of risk assets, including $BTC.

From the performance of traditional bulk commodities, the turning point of the commodity cycle may be just around the corner. Can energy, precious metals, and agricultural products, which were at the forefront last year, continue to lead this year? This depends not only on the supply side but more critically on the tightening or loosening of global liquidity.

For crypto assets, the strength and weakness of the dollar and the level of real interest rates are direct key variables. When GDP growth is below expectations, the expectation of interest rate cuts tends to raise the valuation space of risk assets. The opposite is also true.

Therefore, the data release this week will, to some extent, serve as an important reference for asset rotation in the first half of 2026. Whether to continue holding safe-haven assets or switch to varieties with stronger growth potential, the answer may lie in these few data points.