The recent cryptocurrency market has been quite active. Reports from Hive and Riot have come out, and it’s also necessary to closely watch the Federal Reserve’s interest rate decision meeting minutes.

Heading into this weekend, macroeconomic indicators will become even more important. In particular, the durable goods orders data can affect overall market sentiment, so it’s highly likely to spill over into crypto assets as well. If the durable goods orders trend is weak, risk assets overall will come under pressure; if it’s steady, the market can be supported.

Personally, I think these events this week will be an important turning point. In particular, the Federal Reserve meeting minutes are a strong hint at the direction of the next interest rate policy, so investors are probably watching very closely. If macro data—including durable goods orders—comes together, the market’s direction will likely become clearer.

It seems CoinDesk is also putting effort into reporting on things like this, and it’s commendable that they provide accurate information while maintaining transparency in their editorial policies. After all, integrity as a media outlet in the crypto industry really matters.

When looking at this week’s outlook, it’s important to judge not only based on cryptocurrencies, but also by taking into account real-economy indicators such as durable goods orders. I also think it’s a good idea to keep an eye on the movements of related stocks on Gate.io.