Tonight at 9:30 PM, the U.S. unemployment rate and non-farm data are about to be released. The previous value for the U.S. unemployment rate in December was 4.20%, with the expectation also being 4.20%.
If the released value is higher than expected, it will be bearish; if lower than expected, it will be bullish; if it meets expectations, the impact is usually not significant.
The previous value for the seasonally adjusted non-farm employment population in December was 22.7, with an expectation of 16. Similarly, if the released value is higher than expected, it will be bearish; if lower than expected, it will be bullish; if it meets expectations, the impact is not significant.
Currently, many cryptocurrencies have stopped their decline at key levels, and a rebound often occurs in an oversold state. Whether the rebound can be sustained will depend on tonight's non-farm data. I tend to believe that a rebound will occur here.