Tonight, the US will release the ADP employment data, which is a "small non-farm" report that the market pays close attention to.

The current question is: what is the probability of the Federal Reserve cutting interest rates in January? According to the latest expectations, it's about 20%. In other words, a rate cut is basically unlikely. But what if the ADP data shows no significant deterioration in employment? The probability of a rate cut probably won't change much, and market volatility should remain limited.

However, there's an interesting point—those previously negative news have already been largely digested by the market. Once positive signals come from the ADP data, there is still considerable room for the market to rebound. The key now is to wait for the data to be released and see if it can provide an upward window for main cryptocurrencies like BTC and ETH. The crypto market has been looking for upward momentum recently, and this could be that opportunity.