Tonight at 8:30 PM, the US initial unemployment claims data will be released with significant impact, and the crypto market is about to face a critical test.

The previous figure was 213,000, with expectations at 215,000. An increase in the data will be bearish for the dollar and bullish for risk assets, and Bitcoin is expected to receive a boost.

Based on recent employment market trends, layoffs have been frequent, making it likely that the data will surpass expectations and potentially bring additional funds into the crypto space.

In trading, risk management must be strictly controlled. The data release period is prone to sharp fluctuations—avoid chasing rallies or panic selling. If irrational pullbacks occur, take the opportunity to buy the dip, and the expectation of further rate cuts may be reinforced.