So here's the thing about the European Central Bank's next moves—everyone's trying to read the tea leaves. Will we see another rate hike in the coming year, or are we done? It's not just a Europe question anymore. When major central banks shift policy, crypto markets tend to react. Sharp.

Let's break down five critical questions that'll actually matter for the ECB in 2025:

First—is inflation really under control? The numbers say one thing, but central bankers see something else in the data. Will they be satisfied enough to hold?

Second, what's happening with eurozone growth? If economies start showing real weakness, hiking becomes harder to justify.

Third angle: how aggressive will other major central banks go? The Fed's moves don't stay isolated. Policy divergence creates pressure.

Fourth—what about geopolitical risks? Energy prices, trade tensions, all of it factors into the calculus.

Fifth, and maybe most crucial: will labor markets stay tight enough to justify the hawkish stance, or does that loosen up?

These aren't just academic questions. Policy shifts from major central banks ripple through asset markets globally, and crypto traders who understand the macro playbook ahead of the curve tend to make better bets.