【Tonight, Thursday at 20:30🇺🇸 Non-Farm Payroll + Unemployment Report】
Previous Non-Farm Value: 13.9 Expected: 11
Previous Unemployment Rate: 4.20% Expected: 4.3%
Last night, the small non-farm data was unexpectedly low, raising expectations for interest rate cuts. Tonight's large non-farm data will be a key variable determining whether the Federal Reserve will cut rates in July. However, we know that market predictions likely indicate a 25 basis point cut will not occur until September. Therefore, I believe tonight's non-farm data will be favorable, but the probability of a rate cut in July is low.
Currently, Bitcoin is hovering around 109,000, with a high probability of breaking new highs. Everyone should manage their positions in real-time, and avoid being both inexperienced and overly active.