Tonight, the US May non-farm payroll data will be released with great significance, with market expectations of only 62,000 new jobs added, a sharp decline from 178,000 last month, clearly indicating a weakening US labor market and full signals of cooling.

For the crypto circle, tonight is a game of opposite market bets:

• Non-farm data below expectations → economic weakness, risk aversion sentiment rises → Bitcoin and other risk assets come under pressure and weaken

• Non-farm data significantly exceeds expectations → economic resilience strengthens → risk appetite increases, boosting coin prices

What is even more noteworthy is that institutions have already made early moves: Bitcoin ETF absorbed $1.05 billion in a single day, clearly betting on the direction of the non-farm data trend in advance.

Tonight’s market fluctuations will inevitably intensify, with fierce battles between bulls and bears. Those who have not prepared risk control and strategic planning should not blindly follow the trend. Stay calm, observe more, act less, and quietly wait for the big market to unfold!