Two major events are about to stir the market. In December, the US non-farm payroll data will be released. Although the data may fall short of expectations, the unemployment rate has actually decreased, which is a somewhat contradictory signal. More importantly, the Supreme Court will make a ruling next Wednesday on Trump's tariff policy. The combination of these two events has caused volatility in the crypto market to spike directly.

From a liquidity perspective, high interest rates have been sticking to the market. What does this mean? Capital liquidity is under pressure, and the valuation of risk assets faces impact. If the tariff policy is actually implemented, it would be bearish for the entire financial market. As a high-risk asset, the crypto market would be hit first.

How to operate to survive longer? A few key points: First, reduce leverage and avoid greed; second, set stop-loss orders in advance to protect principal; third, optimize your holdings structure by focusing on mainstream coins like BTC and resisting the temptation to touch high-risk altcoins; fourth, prepare contingency plans in advance and think about how to respond when volatility hits.

In this market, cautious handling is the best strategy.