Tonight at 20:30 Non-Farm Payrolls Explosion! Will the crypto weekend be deadly?

Don't think that the US stock market being closed means nothing is happening. Tonight at 20:30, the March Non-Farm Payrolls report is the real market trigger!

The market expects employment to increase by 60,000, aiming to break out of the previous "negative growth" vortex. But the current issue is: good data means no rate cuts by the Fed, and the crypto market continues to be under pressure; bad data, with rate cut expectations at full tilt, plus Middle East geopolitical conflicts and soaring oil prices, will push inflation expectations to the sky—it's a dilemma either way.

Even more tricky is that today the US stock, gold, silver, and oil markets are all closed, so the data release can't be reflected immediately. All emotions and expectations will be accumulated and released in one go when the markets open next Monday.

Currently, the crypto market is already being squeezed by high oil prices and strong employment figures. BTC is wobbling around 66,500, and ETH has directly fallen below 2100. Whether the non-farm payrolls exceed expectations or fall short tonight, both scenarios are laying a huge landmine for the market next Monday.

A reminder to all crypto friends:

1. Before and after the non-farm payrolls announcement tonight, absolutely do not hold heavy positions betting on the direction. Liquidity is zero, and volatility depends entirely on sentiment.

2. The market is likely to gap open next Monday—either a sharp rise or a sharp fall. Prepare risk controls in advance and don't get swept away by a one-sided trend.

3. The core contradiction remains the Fed's rate cut expectations plus Middle East geopolitics. Non-farm payrolls are just an amplifier, not the root cause.

Remember, before the data is released, all predictions are just guesses. Protect your principal, wait for the market to clarify, and acting afterward is always the right choice.