At 21:30 tonight, a data release could shake up the crypto market—the US Initial Jobless Claims.
This indicator is like an economic health check: if the number comes in lower than expected, it means the US job market is red-hot. The dollar will likely strengthen, and Bitcoin along with those altcoins might take a hit in the short term. But if the jobless claims surge above expectations, the dollar could weaken, and funds will probably flow back into the crypto space looking for opportunities.
Here’s some practical advice—the market is most jittery in the half hour before the data is released. It’s normal for the candlesticks to be all over the place. If you’re still holding high-leverage positions, now’s a good time to scale back. Don’t bet against the data. Wait for the results, see how the market reacts, then decide whether to add more or exit. That’s smarter than blindly chasing pumps or dumps.
Remember this time, and stay calm. The market never lacks opportunities; what’s missing is the patience to survive and wait for them. At 9:30 tonight, let’s watch the show.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
DegenDreamer
· 22h ago
Who wouldn't be nervous at 21:30? I've already reduced my positions—I don't want to get wrecked by the unemployment data.
View OriginalReply0
ApeShotFirst
· 22h ago
Damn, messing with my mindset again! Should I go all-in at 21:30 or hold back? I really don't dare to make a move anymore.
View OriginalReply0
ProposalManiac
· 23h ago
High leverage, at its core, is the worst-case scenario of governance mechanism design. You shift the risk to the exchange, the exchange shifts it to the liquidity pool, and when it all collapses, it's always the retail investors who suffer. Every crisis in history has played out this way, and people still haven’t learned.
View OriginalReply0
BetterLuckyThanSmart
· 23h ago
Wait, does a stronger dollar mean crypto has to drop? I remember last time when the unemployment data looked good, Bitcoin actually went up... Sometimes this logic really isn't so certain.
At 21:30 tonight, a data release could shake up the crypto market—the US Initial Jobless Claims.
This indicator is like an economic health check: if the number comes in lower than expected, it means the US job market is red-hot. The dollar will likely strengthen, and Bitcoin along with those altcoins might take a hit in the short term. But if the jobless claims surge above expectations, the dollar could weaken, and funds will probably flow back into the crypto space looking for opportunities.
Here’s some practical advice—the market is most jittery in the half hour before the data is released. It’s normal for the candlesticks to be all over the place. If you’re still holding high-leverage positions, now’s a good time to scale back. Don’t bet against the data. Wait for the results, see how the market reacts, then decide whether to add more or exit. That’s smarter than blindly chasing pumps or dumps.
Remember this time, and stay calm. The market never lacks opportunities; what’s missing is the patience to survive and wait for them. At 9:30 tonight, let’s watch the show.