Tonight at 21:30, U.S. economic data will undergo a concentrated update. Due to previous government shutdown disruptions, a series of key data releases have been delayed, with the most notable being the Non-Farm Payrolls report—originally scheduled for Friday, now rescheduled for Tuesday (December 16).

The market generally expects November added around 50,000 jobs, with the unemployment rate possibly rising slightly from current levels to about 4.4%. This report has multiple focal points: it directly relates to the Federal Reserve's interest rate cut pace next year and influences the entire macro asset allocation. However, attention should be paid to the fact that data collection was disrupted by the shutdown, raising doubts about the accuracy of the statistics—sensitive indicators like the unemployment rate may be biased. Economists' forecasts vary widely, with estimates ranging from 20,000 layoffs to 127,000 new jobs, making it essentially a guessing game.

Additionally, retail sales data for October will be released, with an expected increase of only 0.1%, indicating a rather flat growth. This indicator reflects consumers' shopping willingness beyond major expenses like cars and fuel, offering insight into actual consumer enthusiasm. Moreover, on Thursday evening, the delayed October CPI data will be released, which will need to be compared with November data and last year's figures to accurately assess current inflation trends.

From a broader perspective, this week is definitely the "make-up exam week" for U.S. economic data—complex and full of uncertainties. The market remains cautious before the data is officially released. Recent BTC corrections also reflect this cautious sentiment. For holders, if your position is heavy, it might be wise to slightly reduce holdings before the data release to avoid sudden volatility risks. Once all the data is out and market direction becomes clearer, following the trend is the safest approach.