Tonight this data is going to explode! The captain will teach you step by step how to make money, don't say I didn't remind you!

Did you see it? At 9:30 PM tonight, the U.S. will announce the initial jobless claims data! The previous value was 200,000, the expectation is 205,000. This number may not seem significant, but behind it lies the key to a major market trend in the cryptocurrency world.

Why is this data so important?

Simply put, the number of initial jobless claims represents the number of new applications for unemployment benefits in the U.S. each week. If the number is high, it indicates that the economy is struggling, and the Federal Reserve may need to cut interest rates; if the number is low, it suggests that the economy is still strong, and the Federal Reserve may continue to hold back on easing. What does easing mean?

The dollar becomes weaker, hot money flows everywhere, and Bitcoin, as a "digital gold," becomes a safe haven, making its price likely to rise. Conversely, if the economic data is too strong, the Federal Reserve may tighten monetary policy, and the cryptocurrency market may need to drop first as a warning!

The captain's personal opinion:

If the data exceeds expectations (for example, rises above 210,000): Short-term positive for Bitcoin! Poor economy → Federal Reserve's expectation of interest rate cuts increases → Weak dollar → Bitcoin may break previous highs. But don't celebrate too early; altcoins may not necessarily rise, and funds may only dare to stick to Bitcoin for safety.

If the data is below expectations (for example, falls below 200,000): Negative! This indicates that the economy is still strong, and the Federal Reserve may continue its hawkish stance; the cryptocurrency market is likely to adjust, especially high-valued altcoins—be careful not to slip away.

If the data meets expectations: The market may have already digested this, with little volatility, but beware of the trick of buying on expectations and selling on facts; be cautious that positive news may lead to a sell-off.

What should retail investors do? The captain gives you three tips:

Don't bet on the data! The worst scenario is when some traders stubbornly hold their positions and get liquidated the moment the data is released. Tonight, either reduce your positions in advance or set a stop-loss, for example, if Bitcoin drops by 5%, cut your losses to protect your capital and continue playing.

Keep an eye on the dollar index! After the data is released, if the dollar drops, quickly buy Bitcoin; if the dollar rises strongly, immediately withdraw and observe.

Don't be greedy for altcoins! When data is volatile, altcoins often drop harder than Bitcoin. If you really want to play, take small positions and enter and exit quickly; if you make some profit, just run away.

Tonight's data is just an appetizer; there are many more bombs like non-farm and CPI waiting ahead! For those who want to layout in advance to make profits, the captain will teach you step by step in the village how to layout and how to mine using economic data! #BTC #ETH