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This Friday will see the release of key US Non-Farm Payrolls data, causing significant market fluctuations in both bullish and bearish directions. After the government shutdown turmoil at the end of the year, this data is particularly important.
Looking back at previous data performance, initial Non-Farm Payrolls figures improved from a negative -3.2 to 4.1, with all indicators showing positive adjustments. This reflects positive signals of government agencies resuming operations and a resilient US stock market. The economy appears to be on a steady track.
For this upcoming Non-Farm Payrolls report, the previous value was 6.4%, market predictions are at 6%, and the final published figure remains unknown. Different outcomes will lead to varying market reactions:
If the figure is around 60,000, market volatility will be relatively limited, with technical analysis dominating and a generally bullish bias. If the number is slightly above or below 60,000, short-term bearish or bullish impacts will not be too intense. However, if it exceeds 100,000, it will be a clear bearish signal, and Bitcoin could potentially break below the 90,000 level. Conversely, if the figure is below 30,000, significant bullish momentum could push BTC past 91,500.
The Non-Farm Payrolls data will be released at 21:30 Beijing time. The next two hours will determine the main direction of the market. For digital asset traders, it is crucial to closely monitor this employment data while also managing risks effectively.