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20:30 US initial jobless claims data is about to be released!
Previous value: 215K; market expectation: 217K. Let’s highlight the two potential scenarios in advance:
If the released figure is >217K: more people are unemployed, employment weakens, and the market will price in a Fed rate cut—so BTC is more likely to climb;
If the released figure is <215K: employment resilience is stronger than expected, rate-cut expectations cool, the US dollar strengthens, and the crypto market is likely to face pressure and fall.
Before tonight’s data connects with CPI and non-farm expectations, volatility will be amplified—don’t go heavy on a bet for one-way moves! $BTC #盘前合约上线长鑫存储