$BTC
Today is the bear market "graveyard"
Be bearish but don't easily short, profit from both sides!
Now the bulls have been completely uprooted!
Here comes the key point! Non-farm data often goes against expectations!
This time, the most crucial "economic three giants": unemployment rate, employment number, wage data, each of which can make the market flip the table!
The Federal Reserve is dead set on the unemployment rate, Powell directly states: if the unemployment rate doesn't rise, don't think about interest rate cuts! The previous value is 4.2%, the market guesses 4.3%, and this 0.1% change can make the market imagine a "Federal Reserve rescue drama"!
Key point! If the unemployment rate is below 4.2%, the U.S. economy will directly "fake it" and the dream of interest rate cuts will be shattered; if it stays between 4.2%-4.5%, the market will immediately bet on the Federal Reserve's interest rate cuts as a "lifeline"; once it exceeds 4.5%, the economy will directly sound the "red alert"
Panic over recession is scarier than interest rate cut expectations! Employment numbers and wages are more straightforward: more people and more money mean an "economic bull market", while a plunge in wages means "economic ICU"!
This wave of market activity is definitely a "sickle harvester", lacking new funds entering the market, malicious order sweeps can happen at any time! Will it be a chance to get rich quickly or will you be cut until you cry?
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