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At 20:30 tonight, three key pieces of US economic data are expected to be released in a concentrated window. The market fluctuations for BTC and ETH will very likely be significantly amplified:
1. Initial jobless claims: If the figure rises, it will be bullish for the crypto market; if it falls, it will tend to pressure the market.
2. Retail sales and the Philadelphia manufacturing data: Strong results will drive the US dollar higher, indirectly pressuring the prices of BTC and ETH.
By 22:00, more data related to housing and inventories will be released, which will further amplify the size of the market’s up-and-down moves.
Friendly reminder: Crypto asset prices move extremely fast. If you participate on your own, be sure to set a stop-loss and pay close attention to the rapid volatility during the moments when the data is released.#失业金人数 $BTC