[Major Data Warning]⚠️ Beijing Time June 6, 20:30

The two sets of important U.S. employment data to be released tonight may have a significant impact on the cryptocurrency market:

1️⃣ U.S. Non-Farm Payroll Employment (Seasonally Adjusted)
Previous value: 177,000
Expected: 130,000
👉 If the data is higher than expected, the market may worry that the Federal Reserve will delay interest rate cuts, causing the dollar to strengthen and risk assets (including the cryptocurrency market) to come under pressure.
👉 If the data is below expectations, it may benefit risk assets and the cryptocurrency market.

2️⃣ US unemployment rate
Previous value: 4.20%
Expected: 4.20%
👉 If the unemployment rate unexpectedly rises, it may trigger market concerns about an economic recession, which could in turn boost expectations for the Federal Reserve to cut interest rates, favoring crypto assets.

⚠️ This data result may cause short-term fluctuations in the market for mainstream cryptocurrencies such as Bitcoin and Ethereum. It is recommended to implement risk control in advance.

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