#BTC☀
《Big Non-Farm Payrolls Are Coming — Beware of Market Reversals》
The market has been oscillating all day today, and it provided hints early this morning. Everyone is waiting for the release of this data, and before that, the majority chose to stay on the sidelines, also in the process of cleaning up.
The U.S. unemployment rate for April was 4.2%, with market expectations also at 4.2%, and the published value being 4.2%, which has little impact.
The U.S. seasonally adjusted non-farm payrolls for April had a previous value of 22.8, market expectations of 13, and a published value of 17.7, which is bearish.
The difference between market expectations and the previous value for payrolls is nearly 100,000, which is not a small number. Although it is bearish, it was within the expectations of most people, and the market will continue to grind.