Tonight BTC faces a life-and-death situation! Global data is a chain reaction; understanding these 3 time points will allow you to profit.
On August 1, 2025, a key day for the cryptocurrency world has arrived! Global financial data is falling like a domino effect, and Bitcoin will either break through its previous high or undergo a deep correction tonight. Want to avoid missing out in this market? Keep a close eye on these three time windows, and you'll know what to do!
First, the morning Chinese data sets the tone; BTC has entered a period of consolidation and buildup.
The Chinese PMI data released at 9:45 AM is like a reassurance pill for the global market - barely on the line of prosperity and decline, indicating that the manufacturing sector's vitality is relatively stable. This directly impacts market risk appetite, with BTC holding the support level of 115,000 in the short term. Following that, at 10 AM, the signal from the National Development and Reform Commission's press conference of 'steady growth unchanged' maintains expectations for a loose monetary environment, but it is still not enough to push BTC to break through; now we are waiting for the data from Europe and the U.S. to break the balance.
Second, tonight is Non-Farm Payroll night! BTC's rise and fall all depend on these two data bombs.
Don't be misled by the daytime's sideways movement; the real market will explode at night! Remember two key time points: 20:30 US Non-Farm Employment Data and 22:00 US ISM Manufacturing PMI.
Let's talk about Non-Farm Payrolls first; this is the 'conductor' of the dollar's movement. If new jobs exceed 200,000 and the unemployment rate falls, a strong dollar will lead to capital outflow from BTC, significantly increasing the likelihood of dropping below the 115,000 support level; conversely, if the data is below expectations and the Fed's rate hike expectations cool down, BTC's rebound space will immediately open up, making a surge to 120,000 possible. The market has already reacted in advance; BTC's slight drop of 2% is precisely capital betting on expectations.
Even more crucial is the ISM Manufacturing PMI at 22:00, which is the last piece of the puzzle to verify the resilience of the US economy. If the data is above expectations, risk asset sentiment may warm up, and BTC could continue to rebound; if below expectations, global risk aversion sentiment will intensify, further increasing the pressure for a correction.
Third, what you should do now: understand the funding logic behind the data.
Now BTC's volatility has soared by 20%, which means market fluctuations will far exceed usual levels. Remember, data affects the flow of funds, and the flow of funds determines price trends. Stable Chinese data provides a foundational support, while European and American data determines direction - when the economy is good, funds seek safety, and BTC is under pressure; when the economy is poor, funds seek high returns, benefiting BTC.
Tonight, frequent operations are not recommended; focus on the emotional release 10 minutes after the data is released, and wait for prices to return to rationality before making decisions. After all, in such a data-intensive market, survival is more important than making quick money.