The fluctuations in the cryptocurrency market are as unpredictable as the weather, but the economic data from the United States is like an accurate "weather forecast".
Friends, take note! Tonight, two data points will be released, directly affecting whether the numbers in your account increase or decrease!
One is the number of unemployment claims. For example, if the estimate is 225,000 claims but the actual number is only 224,000—that means there are fewer unemployed people than expected, indicating a solid economic foundation.
The other is the manufacturing index. Suppose the expectation is a rise of 7 points, but it skyrockets to 15.9! This is like factories running at full throttle, showing that the economy is stronger than everyone thought.
Why do these two numbers matter to you?
Last time the U.S. economic data was impressive, large funds immediately pulled out of mainstream cryptocurrencies and shifted to buying stocks, causing the market to plunge right before your eyes! Keep a close eye on this data tonight.
