$BTC $ETH $SOL Bitcoin breaks through but doesn’t rise? Is the market cooling off or is it the prelude to a storm? Something big is really about to happen!
Bitcoin's price broke through a key resistance level but failed to maintain the upward momentum, with the market falling into a brief calm. However, behind this calm, there are indeed undercurrents. Last night, the U.S. released critical unemployment rates and large non-farm employment data, which will serve as a key window for us to gain insight into the trajectory of the U.S. economy. Its importance is self-evident, directly affecting the direction of global financial markets; everyone can check the chart for details.
The market generally expects the unemployment rate to remain unchanged, and this expectation injects a sense of stability into the market. However, considering the current impact of complex factors such as tariffs, I personally believe that this data could reach 4.2%, with a certain probability of climbing to 4.3%, showing a mild upward trend. From a certain perspective, this mild rise is not entirely a bad thing; it helps alleviate inflationary pressures and provides room for the Federal Reserve's subsequent interest rate cuts, which could be a potential small benefit for the market.
Looking at the expected employment numbers, the magnitude of the decline is astonishing, nearly halving. This data is indeed hard to be optimistic about, after all, employment is the cornerstone of the economy. A significant reduction in employment numbers will undoubtedly cast a shadow over economic growth. Unemployment data is like a double-edged sword; when it rises moderately, it can catalyze the Federal Reserve to cut interest rates, bringing positive momentum to the market. However, if the unemployment rate spikes too sharply and employment numbers drop drastically, the market will inevitably fall into panic, triggering a new round of turmoil.
From the current market expectations, the overall atmosphere is slightly optimistic, with a small rise in US stocks before the market opens. However, this performance is merely based on expectations; the ultimate market direction will depend on whether the unemployment rate remains unchanged, which would have little impact! Although the large non-farm employment numbers have decreased, the decline is relatively small and below expectations, which is slightly favorable! Additionally, investors with less capital need to pay special attention! The primary market has always been a place for creating high-multiple return myths, and now there is an excellent opportunity in front of us—Dogecoin C o n a n from the understanding king. Don’t rush to enter; you need to thoroughly understand it from narrative concepts to team strength, and to all performance data in every aspect before deciding whether to invest, as investment decisions cannot afford any carelessness.Binance's flagship MeMe Golden Dog Chat Group#加密市场反弹 #币安Alpha上新 
