#以太坊大户持仓变化 $BTC $ETH Are the two impending shocks about to explode, and can the market hold up? The US dollar has already surged to a multi-week high.

First, the upcoming release of the December US non-farm payrolls data. Industry insiders call this the "weather vane for Federal Reserve policy in 2026"—if the data significantly exceeds or falls short of expectations, the forex, bond, and even crypto markets will all be affected.

Then, the second, even more significant event: the US Supreme Court is hearing a historic case—whether former President Trump's large-scale tariffs under the International Emergency Economic Powers Act are constitutional. This lawsuit directly relates to the boundaries of presidential trade authority and will determine whether the White House can more easily initiate trade conflicts in the future.

Imagine this: on one side, the monetary policy influencing the economy for the next few years (non-farm data), and on the other, the trade war power list (judicial ruling). Both major variables hitting at once leave even Wall Street elites unsure of the direction. Funds, uncertain, are flocking into the most traditional safe-haven assets—the US dollar. That’s why the dollar index has been climbing steadily, hitting a four-week high.

Once these two major events are resolved, the script for the global financial markets may need to be rewritten. Be prepared, the market turbulence is about to begin.