White House economic advisor exposes the "dark box" of employment data! Will the cryptocurrency market trigger an epic benefit?
Thunder in the cryptocurrency market!
White House economic advisor Hassett released a "significant signal of employment data revision" after the non-farm night on September 5, combining his hawkish-dovish mixed comments about "investment boom driving income, and wage growth offsetting inflation," a "policy temptation" drama targeting the cryptocurrency market is unfolding!
Data revision hides secrets
According to foreign media reports, the "70,000 employment data revision" cited by Hassett is not unfounded—over the past three years, the U.S. Department of Labor has revised non-farm data upward by an average of 68,000. If this pattern continues, September's employment data may be "revised" upwards to over 250,000! This number will directly impact the Federal Reserve's interest rate path: if employment remains robust, the probability of a rate hike in November may soar from 35% to 60%. However, Hassett emphasizes that "the market should remain optimistic about the Federal Reserve's decisions," suggesting that the policy easing window is still open!
The cryptocurrency market welcomes a "double-edged sword" of policy
Positive logic chain: If the employment data revision confirms economic resilience, combined with Hassett's argument of "wage growth offsetting inflation," the Federal Reserve may shift to a "soft landing" narrative, driving a rebound in risk assets. Bitcoin, as "digital gold," will be the first to benefit; technically, if it breaks through the crucial resistance level of $28,000, it may trigger a surge of leveraged funds, pushing prices skyrocketing towards $35,000!
Potential risk points: Hassett mentions that "the U.S. economy is prepared to respond to tariffs." If a trade war escalates and triggers risk aversion, Bitcoin may face short-term pressure. However, in the long term, its "decentralized" attributes become more attractive under tariff barriers, and funds may accelerate their inflow into the cryptocurrency sector from traditional markets.
Ultimate warning from Financial Sister
The "disappointment" from the White House economic advisor is actually a "temptation to short" strategy! Behind the employment data revision is the Federal Reserve's delicate balance between "controlling inflation" and "stabilizing growth."
Cryptocurrency investors need to closely monitor three major signals: the Federal Reserve's interest rate decision on September 20, the October non-farm revision value, and Hassett's subsequent statements on monetary policy. Remember— in a policy market, the biggest benefit often lies in the "expectation gap" itself!
If not now, when to position? An epic market in the cryptocurrency sector is on its way!
Want to make money? Don't be a lone warrior! Follow Financial Sister, and comment to share your views, let's seize the profitable opportunities of the bull market together.
