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Unemployment data will be released tomorrow night, with market consensus at 210k.
It is expected to slightly rebound from the previous figure of 202k, but the increase won't be significant.
Strong data → rate cuts cool down → Bitcoin pressure
Weak data → rate cuts heat up → Bitcoin rebound
In line with expectations → sideways movement, minimal impact
The key point is whether it can break through the 20–210k range, thereby prompting the Federal Reserve to change its rate cut expectations. Only when rate cuts are adjusted will there be a reversal in Bitcoin's medium- to long-term trend. #BTC