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.

#Write2Earn #BinanceSquareFamily #crypto