The non-farm payroll data is coming tonight! A life-and-death battle in the cryptocurrency market is about to unfold!!
The U.S. non-farm payroll data for July will be released tonight with great significance! Three key indicators will directly ignite the market:
Non-farm employment population (previous value 147,000, expected 110,000)
Unemployment rate (previous value 3.7%, expected 3.8%) Hourly wage month-on-month rate (previous value 0.2%, expected 0.3%)
Why must the cryptocurrency market closely monitor this data?
Federal Reserve interest rate hike expectations: If employment is stronger than expected, the probability of a rate hike will soar, and risk assets like BTC may face a bloodbath; conversely, weak data may accelerate rate cut expectations, pushing the crypto market to rebound.
Market liquidity barometer: If hourly wage growth exceeds 0.3%, inflation concerns will resurface, and funds may flee high-risk assets.
Long and short squeeze: Currently, BTC is oscillating sideways; volatility may exceed 5% within one hour after the data is released, so be cautious with leveraged positions!
After the cold shock of June's non-farm payroll, BTC surged 7% on that day; in May, data exceeded expectations, and the market fell more than 10% in a single day.
Tonight, you will either become rich or face liquidation! Are you ready?
Don't just be a spectator in a bull market, and don't be cannon fodder in a bear market. True freedom is finding the rhythm you can control amid the volatility. If you want to truly understand this market, don’t wait for the bull to arrive before making a move.
