The release of key data tonight is likely to shake up the entire crypto market, with considerable volatility.

The core focus is on two numbers—the actual value versus market expectations—and how much they differ. If the data shows weakness, it’s definitely a positive for crypto assets. Why? Weak economic data will reinforce market expectations of loose liquidity, which often amplifies the inflow of funds and ultimately drives prices higher.

But the opposite is also true. If employment data unexpectedly strengthens or signs of economic recovery become evident, the market may interpret it differently—"The central bank no longer needs to keep easing." This shift in expectations can pour cold water on the crypto market, potentially triggering panic selling in the short term.

Non-farm payroll nights have always been periods of high market volatility, often exceeding expectations. I recommend everyone consider their risk exposure before placing orders—don’t let sharp market swings wipe out your positions.