💥 The US December Non-Farm Payrolls report will be released at 9:30 PM tonight.



This could be the most closely watched economic data release of the year so far. The market consensus expects an increase of 60,000 jobs (down from the previous 64,000), with the unemployment rate possibly dropping from 4.6% to 4.5%.

But there's a detail worth noting—

The ADP employment data only showed an increase of 41,000 jobs, significantly below expectations. This indicates that the job market is indeed weakening. Whether this Non-Farm report confirms this trend will determine the next direction of the market.

📌 The logic is actually quite straightforward:

**Scenario 1: Weak Non-Farm Data**
If new jobs are less than 50,000 or the unemployment rate rebounds, the market will more firmly bet on a rate cut in March, the US dollar will come under pressure and decline, and gold and cryptocurrencies could have a strong rally.

**Scenario 2: Strong Non-Farm Data**
Expectations for rate cuts will be dampened, the US dollar might strengthen in the short term, and gold and the crypto market could face a pullback.

**Advice for everyone:**

The market is likely to be highly volatile and oscillate before the data is released. Entering positions prematurely is too risky.

The most reliable approach is simple: wait until the data is confirmed, then follow the market’s true reaction.

Especially in the crypto market, volatility will be amplified:
- Do not go all-in
- Do not gamble on one side
- Set stop-loss orders in advance

There are many trading opportunities, but the key is to survive first. Stay steady, and only then can you seize the big trend that follows.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)