#数字货币市场洞察 Tonight at 21:15, the US November ADP employment data will be released.

Interestingly, the Fed is holding its policy meeting next week, but both the official nonfarm payroll and inflation data are missing this time—which is quite unusual. Without these key indicators, the market can only focus on tonight's ADP data to guess the Fed’s intentions.

Is the job market still stable? This "mini nonfarm" report may provide the answer. For risk assets like $BTC $ETH , whether the data comes in strong or weak will directly impact market expectations for a rate cut.

BTC0.43%

ETH4.32%

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NFTRegretful

· 10h ago

This time the ADP report is really crucial. Without the support of the NFP and inflation data, everything depends on the ADP numbers. If the data is strong, the rate cut dream is shattered; if it's weak, there might still be hope... It's this kind of uncertainty that's the most torturous. Let's wait for tonight—Bitcoin and Ethereum are in for some volatility. Whether to hodl or bail out all depends on that moment at 21:15.

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GateUser-e51e87c7

· 12h ago

Damn, this timing is unreal. What is the Fed even doing? No non-farm payroll data? Just relying on ADP to hold things up?

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SwapWhisperer

· 20h ago

Is ADP data really that important? But honestly, without the nonfarm payroll and inflation data, things feel even less reliable. Everything depends on this one guess 🤔

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ZenZKPlayer

· 20h ago

Hmm... What can ADP really determine? It feels like the Fed already has its mind made up, so our guesses are pointless. If this data comes in strong, BTC will be under pressure again. Forget it, I'll just continue to sit this one out.

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¯\_(ツ)_/¯

· 21h ago

This time, ADP is truly the market's only lifeline. Let's wait and see if the data can give the crypto space some direction.

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YieldHunter