At 11 PM tonight, a set of US economic data will be released, and these numbers will directly impact the direction of the crypto market. This isn’t scaremongering—every time data like this comes out, BTC and ETH volatility amplifies.

There are five key indicators to watch, with the most important being the Core PCE Price Index. The Fed watches this data more closely than anything else because it best reflects real inflation. If tonight’s figure exceeds 2.9%, the market will immediately worry that “interest rates will be higher for longer.” When expectations of tightened liquidity arise, risk assets like cryptocurrencies are the first to take a hit.

Also pay attention to the one-year inflation expectations—this number represents how the general public perceives future prices. If the announced expectation exceeds 4.5%, it’s basically telling the Fed, “Inflation isn’t under control yet, don’t rush to cut rates.” Then there’s personal spending and consumer confidence: the former is the engine of economic growth, the latter a barometer of market sentiment. If spending is weak and confidence is low, why would big money flow into the crypto market? They’d rather seek safety.

But looking at it from another angle, the sharp volatility after data releases often hides opportunities. Panic selling is a retail investor’s nightmare, but it could be the entry point for funds to reposition. The market always offers mispriced opportunities during overreactions. The key is whether you can discern real panic from a fake-out.

So how should ordinary investors respond?

First: Don’t make rash moves around 11 PM. Short-term volatility is normal—impulsive trading is just giving your money away.

Second: Pay close attention to the market’s immediate reaction when the data is released—rapid wicks and surging volumes are all signals of real market sentiment.

Third: If the data is overwhelmingly bearish and triggers panic, take a moment to think: which coins have dropped excessively? Oversold assets often have room for a rebound.

Remember this: The data itself won’t make you money, but understanding its implications earlier than others can. When most people are still asking “What do we do next?”, those who have already thought about “How can I take advantage of this volatility?” have already seized the initiative.

Be patient in waiting for the right opportunity, but act quickly and decisively when it comes.