Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Tonight at 8:30 PM Non-Farm Payrolls Explosion! No Safe Haven in Crypto This Weekend, Major Risks Next Monday
Don't think the US stock market being closed means safety; the March non-farm payrolls report released tonight at 8:30 PM is the real trigger for this week's market movement.
🔥 The core dilemma: Good or bad data, all are traps
Market expectations are for an increase of 60k jobs, aiming to break out of February's negative growth vortex. But once the data is out, there’s no room for buffer:
• Better-than-expected: Strong employment, Fed rate cuts are unlikely, high interest rates continue to pressure the market, and the crypto market faces downward pressure.
• Worse-than-expected: Rate cut expectations are high, but Middle East geopolitical conflicts + soaring oil prices will push inflation expectations sky-high, making the Fed even less likely to ease, creating a dilemma.
⚠️ Deadly Hidden Risks: Market Gaps and Risks Accumulating, Gaps on Monday
Today, US stocks, gold, silver, and oil are all closed. Once the data is released, immediate reactions are impossible; all emotions and expectations will be stored up and explode on Monday, with a high probability of gap trading.
Currently, the crypto market is already suppressed by high oil prices and strong employment data. BTC is teetering around 66,500, ETH has fallen below 2100. Tonight’s non-farm payroll report is just an amplifier, not the fundamental problem.
📝 Three Iron Rules for Crypto Friends
1. Never hold heavy positions tonight: Liquidity is almost zero, volatility relies entirely on sentiment, and risks are extremely high.
2. Lock in risk control early: On Monday open, expect either a sharp rise or a sharp fall. Set stop-losses in advance; don’t get carried away by one-sided trends.
3. Focus on core contradictions: Non-farm payrolls are just the trigger; the core issues are Fed rate cut expectations and Middle East geopolitics. Don’t be misled by short-term data.
Remember: Before the data is released, all predictions are just empty talk. Protect your principal, wait for the market to clarify, and act only when the trend is clear—that’s always the safest choice.