Tonight at 20:30, the U.S. initial jobless claims data will be released with major impact, and the crypto market is about to face a key test.
The previous value was 213,000, with expectations of 215,000. Higher-than-expected data will be bearish for the dollar and bullish for risk assets, with Bitcoin poised for a boost.
Based on recent employment market movements, layoff news has been frequent, and there is a high probability of data exceeding expectations, which is expected to bring incremental capital to the crypto space.
In terms of operations, risk management must be strictly controlled.
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