Tonight at 20:30, the US initial jobless claims data will be released with major impact, and the crypto market is about to face a key test.



The previous value was 213,000, with expectations of 215,000. If the data comes in higher, it will be bearish for the US dollar and bullish for risk assets, with Bitcoin expected to receive a boost.

Based on recent employment market trends, layoff news has been frequent, and there is a high probability that the data will exceed expectations, potentially bringing incremental funds to the crypto sector.

In terms of operations, risk control must be strictly enforced. During the data window, market spikes are prone to occur—avoid chasing gains and cutting losses. If irrational pullbacks appear, seize low-buying opportunities. Meanwhile, rate-cut expectations are expected to be further strengthened. $BTC $ETH
ETH-3.34%
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