Traders are optimistic about the date—December 16th's economic calendar is fully packed. In the morning, UK unemployment data and Eurozone PMI will be released in turn, and these two data points have a significant impact on the sentiment of the European and American markets. The real highlight comes at 21:30 with the release of non-farm payrolls, retail sales, and wage data—all at once. This serves as a key indicator of Federal Reserve policy expectations, and the crypto market has always been sensitive to US economic data. Later into the night, keep an eye on the speech by the Bank of Canada's governor—shifts in neighboring central banks' attitudes often ripple through the markets. The entire period may see quite volatile price movements, whether long or short, so traders need to stay alert. Don't take stop-loss and position management lightly.

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