Tonight at 8:30 PM: Non-Farm Payrolls Major Release!

At 8:30 PM tonight, the U.S. March Non-Farm Employment Data will be officially released, directly determining the Federal Reserve's future interest rate path. Bitcoin, Ethereum, and the entire crypto market will experience significant volatility!
Market expectations are that this non-farm employment increase will be around 60k jobs, breaking out of the previous -92k negative growth. The unemployment rate is expected to remain steady at 4.40%, and wage growth may slightly slow down.
The impact of the data on the crypto market is quite clear:
✅ Strong unexpected data → Fed rate cut expectations cool down, the dollar strengthens, and Bitcoin faces pressure and pulls back
✅ Weaker than expected data → Rate cut expectations heat up, the dollar weakens, and Bitcoin and altcoins may see a rebound window
⚠️ Important reminder: U.S. stocks, gold, silver, and oil markets are closed today. The impact of the data will be delayed until the markets open next Monday, with a concentrated breakout. Tonight’s spikes and volatility will directly influence next week’s trend. Do not blindly bet on the data or go all-in on longs or shorts!
My trading suggestions:
1. Before the non-farm data release, strictly control your positions and keep enough ammunition; avoid heavy positions and holding through the release
2. After the data is released, wait for the spikes to settle and the trend to clarify before entering the market. Don’t chase highs or catch falling knives
3. Focus on the resistance level at 67,200-67,800 and support level at 65,500-65,700, and strictly set stop-losses
Tonight, I will provide real-time analysis of the data and precise entry signals within the community. Follow the strategy and avoid being caught in the non-farm harvest!