Tonight's non-farm payroll revision is approaching, and the cryptocurrency market may experience volatility.

The U.S. will announce the annual revision of non-farm employment tonight, which essentially uses more accurate unemployment insurance records to revise last year's potentially inflated employment data.

This data is crucial as it directly affects the Federal Reserve's interest rate cuts, the strength of the U.S. dollar, and the flow of capital in the cryptocurrency market. Two scenarios may occur:

1. Data falls short of expectations (employment overestimated): This indicates that the U.S. economy is not as robust as it appears. The Federal Reserve may cut rates earlier, the dollar may weaken, and BTC and the cryptocurrency market could benefit.

2. Data meets expectations (employment stable): This shows that the U.S. economy still has support, the Federal Reserve may maintain high interest rates, the dollar may strengthen, and the cryptocurrency market could be under pressure.

Current market expectations lean towards "downward revision", meaning the data is likely to be worse than previously thought. For the cryptocurrency market, short-term extreme volatility has become a certainty, and the quality of the data will guide capital flows—when data is poor, capital may flow into risk-off assets, benefiting the cryptocurrency market, and the dollar and BTC trends typically exhibit an inverse relationship.

Operational advice

Focus on maintaining a light position, prioritize preserving capital before considering seizing volatility profits.

In a fluctuating market, it is possible to position during dips; do not panic during sharp declines as they may present buying opportunities.

Be cautious about chasing prices up or down, as data releases are often followed by rebounds; avoid blindly going long or short.

For a more conservative approach, consider holding cash and waiting!

In summary, after tonight's data release, the cryptocurrency market is unlikely to be calm. Maintain a steady mindset, as opportunities may be hidden in panic. Follow me for more information!