2026-01-09 09:33:07

Tonight at 21:30, the US December Non-Farm Payrolls report will be released. This is not just a numbers game—the market's eyes are all on the new employment figures and revisions to previous data, trying to gauge how much resilience the labor market still has. On the same day, the US Supreme Court will also rule on the legality of tariffs, making the policy landscape quite lively.

For our crypto circle, the transmission chain looks like this: Non-Farm data release → triggers expectations of Fed rate cuts or delays → subsequently affects US Treasury yields and the US dollar index → institutions begin adjusting risk exposure → finally impacts BTC and ETH price fluctuations and on-chain liquidity. Each link is interconnected, and one data point could be the turning point for the market.

In other words, these macro events are like weather forecasts for the crypto market. Clarifying the logic in advance helps avoid being reactive when the market moves.

BTC0,04%

ETH1,15%

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DataOnlooker

· 01-12 03:30

Non-farm data, to be honest, in our crypto circle, we are just the side players. The Federal Reserve's one statement can outweigh our entire month's analysis. Let's wait and see. Tonight's market might be completely manipulated by Washington. Wow, the transmission chain is so complicated, but in the end, it still swings with the US dollar index. BTC really is the same. Pre-emptive logic? I've already been shaken out three times. Now I'm just waiting for the moment of explosion.

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DaoTherapy

· 01-12 00:50

If the data tonight doesn't meet expectations, we'll just wait and see how the US dollar index drops. We'll see if BTC can hold up then.

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Fren_Not_Food

· 01-09 10:03

Another major event again, every time they say it will impact the market, but what’s the result? Bitcoin is still Bitcoin, no matter how clear the logical chain is, it seems useless.

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GasFeeSobber

· 01-09 10:01

Wait, are you saying that non-farm payroll data can directly determine the coin price? I feel like every time it's said, but the market still moves randomly.

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SignatureCollector