This week's biggest market drama all concentrated on Friday night, when the truth will be revealed.

Currently, there are two major focal points in the global markets: the December non-farm payrolls data and tariff policy decisions. These two are considered the "main switches" of the market, and a covert capital game has already begun.

Recently, data releases have often been less than perfect, but this non-farm report is quite strong, providing a clear reflection of the market’s true expectations for a Fed rate cut in early 2026. Investors are holding their breath, waiting for this report to wake up those still dreaming.

The market consensus is that the new non-farm employment increase will be around 55,000. This number is crucial; most of the subsequent market movements will revolve around it.

Look, even if geopolitical tensions escalate, the U.S. bond market remains calm. Why? Big capital simply doesn’t buy into that. They clearly understand that what truly influences asset prices are interest rate changes and employment data—everything else is just illusions.

News about wars and conflicts? Frankly, they are just market smokescreens. What really determines your money flowing in or out are those cold economic indicators and policy directions.

With both non-farm data and tariff results coming out strong, the crypto market will definitely experience a wave of intense volatility. The market trend will be highly volatile, with sharp swings up and down. This is the most important event to watch as we close out this week. $BTC