Tonight's non-farm payroll data will be released. Will this become a turning point for BTC and ETH?

From a technical perspective, Bitcoin is repeatedly contesting the 90,000 level, and Ethereum is frequently touching around 3,000. My judgment is that if the employment data performs well, it is likely to dispel market expectations of rate cuts, and major cryptocurrencies will probably adjust accordingly. Specifically, the 90,000 level may not hold, and Ethereum's 3,000 could also face testing.

But there are variables—comments from Federal Reserve officials. If they continue to signal rate cuts, the situation could reverse. Therefore, a tug-of-war in key areas in the short term is unavoidable, and the market will seek a new equilibrium.

Overall, tonight's data is an important catalyst; be prepared for both upward and downward movements.