#密码资产动态追踪 Tonight's two major events collide, and the market should be prepared for turbulence

Everyone, pay attention: at 9:30 PM Beijing time, the US will release December employment data, and at the same time, the Supreme Court will also give a ruling on the legality of the tariff policy. The collision of these two major events will only cause minor market fluctuations.
First, let's look at the non-farm data. The market consensus is that December's new jobs will be between 60,000 and 73,000, slightly better than November's 64,000, with the unemployment rate dropping from 4.6% to 4.5%. It sounds pretty good, but the problem is that many of these numbers include seasonal temporary workers, so a good headline doesn't necessarily mean high-quality jobs. A few days ago, ADP data showed that the private sector added only 41,000 jobs, below expectations, reflecting that companies are actually quite cautious about hiring.
How the data impacts the market is straightforward—weak data means expectations of Fed rate cuts will rise, easing risk assets; strong data has the opposite effect, pushing back rate cut expectations and increasing market pressure. The most comfortable scenario is data that is neither too hot nor too cold—neither too stimulating nor too depressing.
But that's not all. The Supreme Court's ruling on tariffs is the real variable bomb. If the court rejects the tariff policy, import-dependent companies and consumers can breathe a short-term sigh of relief, but the White House will definitely find another way, and long-term uncertainty will still hang over the market. The various combinations of these two outcomes will directly determine whether stocks, bonds, and forex will rise or fall tonight.
Honestly, tonight will be a sleepless night. It is recommended that everyone clearly assess their positions, manage risks well, and not be driven by market sentiment. $ETH $ZKP