Breaking! At 9:15 PM tonight, the "Little Non-Farm" for November will be announced, which is definitely the market bomb that cannot be missed this week.
Why is this data so critical? Because the key official non-farm and inflation data originally scheduled for next week will definitely miss the Federal Reserve's meeting next week due to the U.S. government shutdown issue.
This means that tonight's "Little Non-Farm" has become the "only window" for the Federal Reserve to glimpse the truth of the labor market. The market has already given nearly a 90% probability to the rate cut in December, and everyone is watching this data to confirm how solid the rate cut really is.
My opinion is simple: regardless of whether the data is good or bad, it could ignite the market.
If the data is unexpectedly weak, even worse than expected, it’s almost like firing the "starting gun" for the rate cut. The market will celebrate, and risk assets, including our crypto space, are likely to take off.
If the data is unexpectedly strong, indicating that employment is still robust, then caution is warranted. This will directly impact the nearly 90% rate cut expectation, potentially leading to a significant revision of market expectations and triggering extreme volatility in the short term.
What impact will it have on the crypto space? How to act?
Extreme volatility is certain. Fluctuations in the market before and after the data release will be the norm, and contract leverage must be used with caution. It’s best to reduce positions in advance or set stop-loss orders.
Pay attention to the flow of funds logic. Now Bitcoin has the attribute of "digital gold." Whenever there is a disturbance in the traditional market, some funds may treat it as a safe haven. So, even if the data hits the rate cut expectations, it is not necessarily all negative.
Retail investors should not bet on the data. Our information is lagging, and we can't predict accurately. A prudent approach is: when the data is released tonight, try to stay out of the market and observe, waiting for the first wave of emotional shock to pass and the direction to become somewhat clearer before looking for opportunities.
If you really want to participate, do so with a small position and go with the trend, don’t get carried away.
If you want to know how I view the data immediately after it’s released and the specific response strategies, be sure to follow me. At such critical junctures, following the right people is crucial to avoid being harvested by the market and even capturing opportunities.
The market changes rapidly. Want to get exclusive operation strategies? Hurry up and follow the leader; I will share more insights in the village to help everyone avoid pitfalls and make money! Don’t forget, the crypto space is risky, and following the right people is very important! #币安区块链周
