There is the US non-farm payrolls and unemployment rate at 8:30 PM tonight, focus on the comparison between the announced values and the expectations.



Non-farm payrolls announced value < 6.2
Indicates weaker employment, cooling US economy.
The market may think the Federal Reserve might cut interest rates sooner, and funds may buy BTC in advance.
BTC is slightly bullish, easy to rise.
Non-farm payrolls announced value = 6.2
Indicates it roughly meets market expectations.
BTC impact is limited, more depends on technical analysis and unemployment rate, wage data.
Non-farm payrolls announced value > 6.2
Indicates employment is stronger than expected, US economy is still relatively robust.
The market may think the Federal Reserve is not in a hurry to cut rates, high interest rates may last longer.
BTC is slightly bearish, easy to fall.

Unemployment rate:
Unemployment rate > 4.3%
Employment worsens, slightly bullish for BTC.
Unemployment rate = 4.3%
Meets expectations, neutral impact.
Unemployment rate < 4.3%
Employment is relatively strong, slightly bearish for BTC.

One sentence summary:
Non-farm payrolls below expectations + unemployment rate above expectations = BTC slightly bullish
Non-farm payrolls above expectations + unemployment rate below expectations = BTC slightly bearish
Data close to expectations = sideways $ETH
ETH-0.16%
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