Tonight at eight thirty, the United States will announce four economic data points in a row, and I feel like the market is about to burst.

This is no small matter, as it directly relates to everyone's bets on whether the Federal Reserve will cut interest rates. Let me go through my thoughts one by one, and also discuss the possible impacts on the cryptocurrency market.

The first is the Challenger job-cut report. In simple terms, it's about how many people American companies have laid off. Recently, layoffs have been quite severe; I heard that last month was nearly twice as many as the same month last year, and this year's total has surpassed one hundred thousand, the highest since the pandemic. I think if tonight's numbers continue to look bad, the market will likely believe that the Federal Reserve has to cut interest rates soon. This could be a good thing for the cryptocurrency market in the short term, as stronger expectations for rate cuts may allow money to flow in more easily. But I must remind you that this kind of good news is built on the foundation of a poor economy, which is actually quite fragile.

The second is the initial unemployment claims, which is the number of new applicants for unemployment benefits each week. The last data was okay, but the trend is more important. I'm worried that if tonight's numbers are higher than expected, then the expectations for rate cuts will be even stronger, the dollar might fall, and Bitcoin might rise a bit. However, there's a catch: even if the initial claims data is good, if the number of people continuing to claim unemployment benefits remains high, it indicates that the job market hasn't improved at all, which could lead to more chaos in the market and make the direction harder to grasp.

The third and fourth are the supply chain pressure index and natural gas inventory. These two mainly look at whether inflation is still severe. If the supply chain is tight, transporting goods becomes more expensive, and inflation may be hard to control; if natural gas inventories are low, energy prices may rise, which will also push inflation higher. I think for the cryptocurrency market, if these two data points suggest that inflation is rising again, it will be even harder for the Federal Reserve to cut rates, and Bitcoin may fall along with other risk assets. Conversely, if the data shows that inflation is not a big issue, that's good news, as it removes a complication for the cryptocurrency market.

You issue coins and I'll analyze them for you in the chat room; which coin will surge next?