#BTC☀
《Trend Changes——Unemployment Benefits Data Coming》
In the past two days, the big cake has been advancing rapidly, leaving its younger brothers behind and taking away the liquidity of the copycats, resulting in the phenomenon that the big cake has risen alone, while the copycats have not risen but fallen. The market seems to be calm, but in fact, there are undercurrents, or it is the calm before the storm
The previous value of the number of initial unemployment claims in the United States for the week ending October 12 was 25.8, the market expected 26, and the announced value was 24.1, which is bearish
US retail sales in September The previous monthly sales rate was 0.1%, the market expected it to be 0.3%, and the published value was 0.4%, which was bearish.
From the data, the market is still inclined to the Fed to cut interest rates again in November. Now as the bottom continues to rise, it is more necessary to be cautious when entering the market. Once you chase the rise, it will be easy to stand on the top of the mountain. From the current trend, the market is not coming, and it still needs to be polished. Everyone should be cautious.
