A batch of heavyweight data will be released tonight, and the crypto markets are likely to shake.

Here's the schedule: at 16:30 Swiss interest rate decision, at 21:30 US unemployment claims and trade balance, at 23:00 wholesale sales month-over-month, plus China's M2 money supply data. These are not just for show; each one can influence market sentiment.

If US unemployment claims spike, it indicates a cooling labor market. Traditional funds may move toward safe-haven assets, while assets like Bitcoin could benefit from spillover effects. Trade balance data directly impacts the strength of the dollar—when the dollar weakens, crypto asset prices tend to rise. Keep an eye on China's M2 as well; changes in money supply can affect global liquidity expectations and indirectly sway investor sentiment.

Personal opinion? This batch of data might create some opportunities in the crypto space. Especially if the US signals economic pressure, capital will seek alternative allocations. But don’t get too excited too early—the market sentiment can shift from euphoric to cautious in a flash.

How to operate in practice? Focus on the 21:30 timeframe. If unemployment claims surge unexpectedly, consider light positions to test; if the dollar unexpectedly strengthens, quickly tighten your positions and avoid stubbornly holding on. Remember two key points: first, don’t follow the herd blindly—market dynamics rule; second, set your stop-loss levels in advance, or a sudden counter-move can make you doubt everything.

Ultimately, tonight is just an observation window. The data behind it hides the secrets of capital flows—understand it and follow the trend; if not, stay on the sidelines. The market isn’t short of opportunities; what’s missing is patience to wait for the right moment.