The cryptocurrency market is at a critical moment, with investors focusing their attention on the upcoming annual benchmark revision of non-farm payroll data. The release of this data could have a significant impact on market trends, especially for mainstream crypto assets like Bitcoin and Ethereum.

Analysts generally believe that if the data is revised downwards by around 600,000, the market may interpret this as a slowdown in the growth of the US economy, but there is still room for interest rate cuts. In this case, the Crypto Assets market may react positively.

However, if the adjustment exceeds 600,000, the situation may become more complicated. The market may interpret this as a signal that the U.S. economy is about to enter a recession, which could trigger greater market volatility.

Currently, Bitcoin and Ethereum are consolidating near key resistance levels, seemingly waiting for guidance from this important data. Investors are closely watching the trends of these two major crypto assets, hoping that after the release of the non-farm data, they can break through the current consolidation.

Regardless of the outcome, this data correction will undoubtedly inject new momentum into the Crypto Assets market, potentially breaking the current deadlock and pointing the market in a new direction. Investors should remain vigilant and be ready to respond to potential sharp fluctuations.