The US December ADP employment and ISM Non-Manufacturing PMI data have not been released. Their results will influence the crypto market through expectations of Federal Reserve rate cuts:



1. Better-than-expected data: Strong economy → cooling of rate cut expectations, Bitcoin and altcoins are likely to pull back.
2. Worse-than-expected data: Weak economy → rising rate cut expectations, Bitcoin and altcoins may rebound.
3. In-line data: The crypto market will maintain a range of 92,000-93,500 with no clear direction.

In terms of strategy, it is advisable to stay light before the data release and take action after the results are confirmed.
BTC-2.04%
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