At 9:15 tonight, the market will face a critical moment—the release of the US November ADP employment data.

How important is this data? Simply put, it's the Fed's last "mock exam" before next week's meeting. Current market forecasts are wildly divergent: some predict only 5,000 new jobs, while others go as high as 40,000. This kind of disagreement itself suggests—volatility is inevitable tonight.

For those of us watching the markets, we need to keep a close eye on the moment the data is released. If the number is much lower than expected, calls for a Fed rate cut will grow even louder, and risk assets like Bitcoin could see a direct surge. But if the data blows past expectations? A stronger dollar is almost certain, and cryptocurrencies will likely come under pressure.

That's how the market works: once the data is out, bulls and bears are instantly revealed. Are you ready?