Tonight's financial markets are about to "boil over"—the intense barrage of US non-farm payroll data is about to begin!

At 21:15 and 23:00 Beijing time, the US December ADP employment figures and November JOLTS job openings will be released consecutively. These two data points may seem "small," but they are important harbingers of this Friday's major non-farm report, directly influencing the Federal Reserve's interest rate decision in January.

Crypto traders are now pondering the same question: if these data show that the US labor market remains "robust," then the Fed is likely to continue maintaining the current interest rate level in January. After all, recent movements in US stocks and the dollar have been digesting the expectation that the "rate hike cycle may be coming to an end." These two sets of data are like a strong shot of confidence to the market—or a cold shower.

Looking back at previous ADP data releases, better-than-expected figures have directly boosted the dollar, putting pressure on the crypto market. Will this time continue the narrative of "resilience"? For now, it's all a question mark.

Waiting for the first wave of market tearing at 21:15! What do you all think—will tonight's data slap expectations in the face or confirm market consensus?