Tonight at 8:30 PM, the U.S. Department of Labor will release the weekly initial jobless claims data, which is the core indicator this week that influences expectations for Federal Reserve policy and, in turn, determines the direction of the cryptocurrency market! 🌟🌟🌟🌟

Data Interpretation Logic
If the data is below expectations (<210,000): Employment market stronger than expected → Fed rate cut expectations cool down → US dollar strengthens, Treasury yields rise → Negative for cryptocurrencies (BTC/ETH, etc.)
If the data is above expectations (>210,000): Employment market is weak → Market prices in an earlier Fed rate cut → US dollar weakens, risk-asset appetite rebounds → Positive for cryptocurrencies
If the data matches expectations (≈210,000): Market volatility is limited; you need to make a comprehensive judgment by combining subsequent data such as the Non-Farm Payrolls

✅ Before the data release, operation suggestions
Keep a light position and stay on the sidelines, avoiding chaotic fluctuations before the data is released
✅ Pay close attention to BTC’s key support/resistance levels:
Resistance: The upper edge of the current range (must be considered together with the real-time price)
Support: Recent lows; if the data is negative, pay special attention to whether the support holds
✅ Control your position size, set strict stop-losses, and avoid betting on the direction of the data
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