At 21:15 tonight, the "mini non-farm" ADP data will be released. This time it's a bit special—the official non-farm payroll data has been postponed, making ADP the only employment indicator the market can grasp before the Fed's rate decision meeting next week. Calling it a "lifeline" is no exaggeration.

The Fed has to decide on the interest rate direction next week, and without key supporting data at the moment, any unexpected swings in tonight's ADP report could trigger intense market volatility. Whether you're watching cryptocurrencies or U.S. stocks, you need to highlight this time: if the data beats expectations, hawkish rate hike expectations may resurface; if it falls short, dovish easing expectations could make a comeback.

My view is to keep your positions light tonight—don't go all-in betting on a direction right away. Wait for the data to be released and for the market to digest the mood before making decisions; it's a much safer approach. After all, in a market dominated by a single data point, the volatility could be much fiercer than you imagine.