The non-farm payroll data to be released tonight is bound to have a significant impact on the crypto market. Recently, the crypto assets market has experienced a round of turbulent decline, causing long positions traders to frequently get liquidated, and market sentiment has fallen to a low point.

In this context, Solana (SOL) has become the focus of the market adjustment. Factors such as the decline in on-chain meme coin popularity, competition for liquidity between PUMP and BONK, along with the delay of Solana ETF approvals until October, have placed immense pressure on SOL. Furthermore, external factors such as changes in tariff policies, a rebound in inflation data, and rising risk aversion have further intensified the downtrend of SOL, triggering panic among investors.

Non-farm data will dominate market direction in the short term. If the data shows slowing job growth and moderate wage increases, it may stimulate a market rebound, leading to weekend trading. Conversely, if employment data exceeds expectations, the market may continue to decline. However, in the long run, the foundation for a bull market remains strong, and this may be a good opportunity to buy at the bottom.

For SOL, the current pullback may hide investment opportunities. Although it faces pressure in the short term, the long-term expectations for ETF approvals remain, and the current price drop could provide an ideal time for incremental accumulation.

Investors should closely monitor tonight's data release and adjust their strategies in a timely manner based on market reactions. Regardless of how the market fluctuates, maintaining rational analysis and risk management is always the key to successful investing.