Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Tonight at 21:30, major data release! Initial Jobless Claims figures to determine ETH's short-term trend
At 21:30 Beijing time tonight, the US will release the initial jobless claims for the week ending January 10. This data directly influences Federal Reserve monetary policy expectations and is a key indicator for ETH's short-term movement!
✅ Core Data Anchor:
Previous value: 208,000, market expectation: 215,000. The difference will directly impact market bets on interest rate cuts.
📈 Impact Logic on ETH:
▫️ If data is below 215,000: Tight labor market → Fed maintains high interest rates → Short-term bearish for ETH, testing support
▫️ If data is above 215,000: Weakening employment → Rising expectations of rate cuts → Short-term bullish for ETH, potential rebound
▫️ In line with expectations: ETH's movement will be dominated by its fundamentals, likely oscillating
⚠️ Additional Reminder:
Data release coincides with overlapping trading hours in Europe and America, increasing trading volume in the crypto market and possibly amplifying volatility; on the same day, Fed officials will also make speeches, and policy comments may interact with the data, so watch for potential reversals.
It is recommended to control positions in advance to avoid extreme market risks. Specific operations should be based on the data once it is released.