Tonight at 21:15, a key data point is coming—the November ADP Nonfarm Employment Change.
Why is it key? Because the Fed is meeting in December to decide on interest rates, but the core nonfarm payroll and CPI data haven’t been released yet. Right now, the market can only look at this ADP report to gauge employment conditions.
Currently, most people are betting on a rate cut in December, but the ADP number could directly change this expectation.
Once the data is released, whether it’s strong or weak, crypto markets and assets like gold are likely to experience volatility. Short-term fluctuations are inevitable.
It’s best not to act impulsively—control your positions, and don’t chase highs or panic sell around the data release. Wait until the direction is clear before making a move. Coins like SUI, ZEC, and TURBO will likely follow the broader market, so maintaining a steady mindset is most important.
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Tonight at 21:15, a key data point is coming—the November ADP Nonfarm Employment Change.
Why is it key? Because the Fed is meeting in December to decide on interest rates, but the core nonfarm payroll and CPI data haven’t been released yet. Right now, the market can only look at this ADP report to gauge employment conditions.
Currently, most people are betting on a rate cut in December, but the ADP number could directly change this expectation.
Once the data is released, whether it’s strong or weak, crypto markets and assets like gold are likely to experience volatility. Short-term fluctuations are inevitable.
It’s best not to act impulsively—control your positions, and don’t chase highs or panic sell around the data release. Wait until the direction is clear before making a move. Coins like SUI, ZEC, and TURBO will likely follow the broader market, so maintaining a steady mindset is most important.