The key exams at the beginning of the year have started. Non-farm payrolls, inflation expectations—any surprise could heavily impact the crypto market.

Let's look at the data expectations first. Non-farm employment added only 60,000 jobs, a month-on-month decline, with the unemployment rate expected to stay at 4.5%. This sounds like a signal of economic slowdown, which could reinforce market expectations for rate cuts. Sounds positive? Don't be too naive.

The issue lies with inflation. The expected 4.20% inflation remains stubborn. If, after the data release, inflation still shows no significant decline, the Federal Reserve won't turn dovish even in the face of weak employment data; instead, it may maintain a tightening stance. At this point, volatility could be even more intense.

The lessons from history are right in front of us. Last January's unexpectedly weak non-farm data ended up hitting risk assets hard. So, don't simply assume "bad data = crypto rally" logic.

Current market sentiment is already fragile. Any data, whether better or worse than expected, can be exaggerated, instantly triggering panic selling. Can your positions withstand such shocks?

Rather than passively enduring volatility, it's better to actively think. How to adjust your positions, identify genuine signals, and implement effective stop-loss strategies before and after data releases—this is the key to protecting your principal and finding opportunities.