Data is still of limited help, after all, it's a holiday, and even some panic is due to insufficient liquidity. However, there have indeed been some panic or risk-averse sell-offs, which is normal, especially since the non-farm payroll data will be released tomorrow. A single job vacancy data has caused BTC to drop by 10%, so it’s normal to be fearful before such significant non-farm data.

As for how the non-farm data will turn out, I don't know, but I don't think it's anything extraordinary. It won't affect the overall trend because there are currently two trends: one is the shift from monetary tightening to monetary easing, which is already in progress; it’s just a matter of timing. The other is the transition of power in the U.S. presidency. Unless there is a recession, I believe the transition of power is a positive sign. If Trump makes a couple of supportive statements about cryptocurrency during the transition, it will probably rise.

Looking back, what were the Federal Reserve meetings we worried about every month in 2022 and 2023? They were nothing. The $16,000 in 2022 didn't make me give up my holdings, and neither did the $39,000 in 2023. Facing countless FUD in 2024, I can still hold onto my assets. If I'm wrong, I'll take responsibility for my own understanding.