At 20:30 tonight, the United States will release important economic indicators, including unemployment claims data and manufacturing data, which may have a significant impact on the encryption currency market.

The unemployment data released last week was better than expected, leading to a drop in the prices of major cryptocurrencies such as Bitcoin and Ethereum. If tonight's data continues to show economic strength—such as a decrease in unemployment claims or an increase in manufacturing activity—the market may believe that the Federal Reserve is more likely to delay interest rate cuts or even consider raising rates. In this scenario, large investors may withdraw from the cryptocurrency market and shift their investments to traditional financial markets, thereby putting pressure on cryptocurrency prices.

In light of the upcoming economic data release, investors should remain cautious and avoid blind operations. Closely monitoring the trend of this data can help investors make more informed decisions. In this uncertain market environment, understanding the potential impact of economic indicators on the encryption currency market is crucial.

With the continuous changes in the global economic situation, the volatility of the cryptocurrency market may increase. Investors need to weigh risks and opportunities and formulate appropriate investment strategies. Regardless of how the market fluctuates, maintaining a calm and rational attitude is key to coping with market volatility.