Attention, everyone!!!
Tonight at 20:30, the initial jobless claims data from the United States is coming out～
The expectation is 225,000. If the actual figure is higher than expected, it indicates that the economy is a bit "sluggish," and the Federal Reserve may be forced to consider interest rate cuts, which could potentially boost BTC as a safe-haven asset! But don't get too carried away; be cautious as good news can turn into volatility, so keeping a light position to watch the action is the safest bet～
On the contrary, if the data is lower than expected, the job market is stable, the Federal Reserve will remain tough on interest rates, traditional stocks will be happy, and the crypto market might suffer losses😢! At this time, don't stubbornly try to bottom fish; observe more and act less, set stop-loss orders well, and risk control is paramount! Stay steady and wait for signals to jump in!
(Warning: data can be highly volatile, short-term players should act quickly, while long-term holders can just relax and play dead.)
