Tonight, there's some data worth paying attention to—the U.S. October ADP employment report is about to be released. Last month was negative, but expectations this time are for positive growth. Even more explosive is that the U.S. Department of Labor has directly stated that during the government shutdown, economic data will be delayed for over 60 days! Employment reports, CPI, retail data—everything is on hold.

What does this mean for the cryptocurrency marketplace? I’ve thought about it, and I find it quite subtle.

The biggest problem during a data vacuum is that the marketplace loses its reference point. The Federal Reserve’s pace of interest rate cuts is already unpredictable, and now with no basic data, the uncertainty in traditional financial markets is at an all-time high. There was a similar situation last year—back then, Bitcoin’s fluctuation indeed increased, but in hindsight, it actually created some entry opportunities.

Personally, I feel that this gap period might make the hedge properties of encryption assets more obvious. Think about it: if the Federal Reserve delays rate cuts due to lack of data, the stock and bond markets will face immense pressure; but if the subsequent data turns out to be weak, expectations for rate cuts will rise again—either way, assets like Bitcoin could become more attractive. Capital always needs a place to go, and when traditional markets are uncertain, the Moments often become alternative options.

What can retail investors do now? Here are a few small suggestions:

First, keep an eye on tonight’s ADP. If the data is poor, it might support the price of encryption assets in the short term. During these two months of data delays, don’t keep trying to buy the dip or sell at the top—holding onto mainstream tokens is better than reckless trading. I remember a similar situation last time, some friends held onto ETH without moving, and later it surged—while they didn’t get rich quick, at least they weren’t washed out.

Honestly, during times like these, the crypto market’s strength lies in mindset and patience. Short-term fluctuations can be exciting, but the real winners are often those who can endure.

What do you think? Will this data gap push encryption assets to break out independently, or will they still follow the US stock market? Feel free to share your thoughts.