Tonight at 9:30 PM, the US December Non-Farm Payrolls report will be released, marking an important milestone in the recent trading window. Unemployment rate, non-farm employment figures, and hourly wage data will be released simultaneously, which usually have a significant impact on the short-term volatility of ETH and BTC.
At the same time, Canadian employment data will also be published during this period. The overlay of dual economic indicators often amplifies market fluctuations. Historically, if the non-farm data exceeds expectations, the US dollar tends to strengthen, putting pressure on crypto asset valuations; conversely, if the data is weak, there may be room for reverse operations.
During these high-impact data release periods, market prices tend to fluctuate rapidly. It is recommended to take a light position, set stop-loss points, and avoid being caught in extreme market moves driven by unexpected data. Whether to place orders in advance or wait until the data is clearer depends on your risk tolerance.
What are your thoughts on this wave of market movements? Share your trading ideas in the comments.
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NFTragedy
· 01-09 03:56
Wait until the data comes out; placing orders at this time is just asking for death. Last time, the non-farm payrolls directly hit my stop-loss. Now I've learned to be smart and stay out of the market to watch the show.
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ChainBrain
· 01-09 03:52
Damn, it's non-farm payroll again. I have to bet every time, so exciting.
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MetaverseLandlord
· 01-09 03:48
Non-farm data has always been a harvest for the retail traders in previous years. I still choose to lie back and watch the show; anyway, someone will get liquidated no matter what happens haha
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DAOdreamer
· 01-09 03:29
I'm just holding onto this non-farm payroll gap jump, betting that the data will be weaker to buy the dip.
Tonight at 9:30 PM, the US December Non-Farm Payrolls report will be released, marking an important milestone in the recent trading window. Unemployment rate, non-farm employment figures, and hourly wage data will be released simultaneously, which usually have a significant impact on the short-term volatility of ETH and BTC.
At the same time, Canadian employment data will also be published during this period. The overlay of dual economic indicators often amplifies market fluctuations. Historically, if the non-farm data exceeds expectations, the US dollar tends to strengthen, putting pressure on crypto asset valuations; conversely, if the data is weak, there may be room for reverse operations.
During these high-impact data release periods, market prices tend to fluctuate rapidly. It is recommended to take a light position, set stop-loss points, and avoid being caught in extreme market moves driven by unexpected data. Whether to place orders in advance or wait until the data is clearer depends on your risk tolerance.
What are your thoughts on this wave of market movements? Share your trading ideas in the comments.