At 21:30 tonight, there is an important data to be released - the number of initial jobless claims in the United States that week.

This data is released by the Ministry of Labor every Thursday, and the market generally regards it as a weather vane for "small non-farm payrolls", which has a significant impact on the trend of the US dollar and cryptocurrencies.

Simply put, if the actual figure is higher than expected, the dollar usually weakens; In turn, the figures are lower than expected, and the dollar tends to be boosted. And what about the crypto market? It is basically the opposite of the US dollar - the US dollar is strong, and cryptocurrencies are easy to be under pressure; If the dollar is weak, cryptocurrencies may have room to perform.

In recent announcements, this data has basically been lower than expected, and the market has become accustomed to this rhythm. If tonight's data is still lower than the expected value of 220,000, it will be a small positive for the crypto market.

At present, mainstream coins such as Bitcoin are quite sensitive to macro data. From a technical point of view, the price is moving in a narrow range in a volatile range, and both long and short sides are waiting for a clear directional signal. If tonight's data is really lower than expected and the dollar weakens, some funds may flow into the crypto market, and Bitcoin may be able to break out of the current volatile range and test new highs.

In short, tonight's data is worth paying attention to and may bring some variables to the short-term market.