Today, important news from the USA about employment has been released.
The economy has slightly slowed down → the dollar is weakening → this often supports crypto.✊
How to read the data?🍷
Unemployment sharply ↑ → markets often go into risk-off mode at first (indices and crypto down), the dollar and yields 'jerk around'.
Then participants reassess the Fed's policy: weak data = higher chance of easing → a relief bounce is possible.
❗️Therefore, the action for a beginner: do not trade at the moment of release, but wait 15–30 minutes and work from levels based on the reaction.