Two Major Events Tonight That Will Determine the Fate of the Cryptocurrency Market

1. The Crypto Summit at 2:30 AM Tonight!

Although Trump signed the Bitcoin strategic reserve in the morning, he didn't mention buying Bitcoin, but let's not forget he has a national sovereign fund! Moreover, this fund will not only buy Bitcoin but also ETH and SOL, among others.

Our focus tonight will be on how Trump discusses this matter: Where will the money come from? When will they buy? How much will they buy?

These three questions are extremely important; if the answers are ambiguous, it could lead to a situation where positive sentiment fades and we see a pullback again. However, it seems they are well-prepared this time, hoping to give the market a surprise!

2. At 9:30 PM tonight, there will be 🇺🇸 unemployment rate and non-farm payroll data.

Currently, there is a significant probability of positive news.

Because there have been many layoffs recently, leading to an increase in the unemployment rate and a decrease in employment numbers, this may force the Federal Reserve to cut interest rates sooner.

However, if the unemployment rate rises too much or the employment numbers drop too much, it could trigger some recession concerns, so I hope this data can gently decline; that would be the best outcome.

I will prepare to announce the specific data tonight at 9:30 PM, so remember to follow me!