Tonight at 22:00 US Non-farm Payrolls (NFP) preview

The market generally expects 180,000 new jobs in the August US Non-farm Payrolls (NFP) report and an unemployment rate of 4.3%. However, recent employment data has weakened, and the data from June and July has been revised down. This data comes with high uncertainty, and if it falls far below expectations, it may trigger market panic.

The market logic is as follows:

1. Data stronger than expected: Market concerns about interest rate hikes are rising, and short-term cryptocurrency prices may be under pressure to decline.
2. Data is weaker than expected: expectations for interest rate cuts are rising, but high long-term interest rates suppress valuations, limiting the rebound space for cryptocurrency prices.

Investors are advised to closely monitor data and market dynamics, and to rationally adjust their strategies. #非农数据来袭