At 21:15 tonight, the US ADP employment data will be released. How will this data affect the crypto market? In simple terms, there are two directions:

When the data performs strongly, the US dollar usually strengthens, and funds may temporarily flow out of the crypto market, leading to short-term market volatility. Conversely, if the data is mediocre and the US dollar weakens, crypto assets may instead attract funds.

Looking back at last month's non-farm data when it exceeded expectations, BTC first quickly fell, then rebounded in a V-shape. What does this indicate? The position from which it fell often hides opportunities.

How should retail investors respond to this data market? Three key points:

First, control your position. Don't exhaust all your bullets; leave some room. If it drops, you can补; if it rises, don't panic.
Second, look at the technical aspect. If BTC retraces to a key support level, you can consider entering the market in batches.
Thirdly, maintain a stable mindset. Data trends are just short-term fluctuations; what truly determines the major trend is the direction of policies and the fundamentals.

Tonight's volatility is likely to be significant, and short-term traders can look for some rhythm. But remember, don't chase highs, and don't panic sell.