The expectation was originally below 70, but it directly jumped to 91. It looks good, but in reality, it is glaring. Why? Because this data has thoroughly slapped the Federal Reserve in the face. Over the past few months, Powell has been desperately boasting: 'Employment is very strong; we can afford to slow down on interest rate cuts.' And the result? Reality has hit back hard; the so-called 'employment resilience' is just a joke.
The 'myth' of the Federal Reserve has been shattered.
The current situation is very awkward:
When the data came out, the market didn't breathe a sigh of relief; instead, it felt a chill in the air.
The high employment is an illusion; the truth is industry differentiation and wage stagnation.
Trump's phrase 'too late, sir' is now being shared all over the internet; who told Powell to stall and not take action?
In short, the Federal Reserve missed the best opportunity. If they had cut rates earlier in June or July, they could have given the market some breathing room. Now, with employment 'off the charts', the economy is struggling to hold on.
Can a 50 basis point cut save lives?
Don't blame the market for cursing 'no face savings'. After shouting for half a year about 'strong employment', the data slapped us in the face. Now trying to rely on a small play with 25 basis points, the market simply won't buy it. Perhaps only a 50 basis point cut can be considered true salvation. But the current problem is — it's too late, like feeding a critically ill patient a spoonful of syrup; whether it can be saved is really uncertain.
Impact on the entire cryptocurrency market
Old players know that what everyone cares about is still our cryptocurrency market:
Short-term risk: If the Federal Reserve doesn't ease up this week, don't talk about the US stock market; BTC and ETH will also be dragged down, very likely to see another wave of 'plunges'.
Potential opportunity: Once a real tough move is made with a 50 basis point cut, those assets that have been slammed to the ground will welcome a 'revenge rebound'. Technology stocks and cryptocurrencies are very likely to be among the first to surge.
Operational idea: You must endure to have a future, to clear the clouds and see the blue sky.
Currently, the market trend is likely to be 'first scare down → policy landing → then surge'. This rhythm of first suppression and then rise is a true test of human nature.
Old players won't beat around the bush; the strategy is as follows:
Control your own position: Don't go all in in panic; save your bullets for the crucial moment. (I've mentioned this many times in previous articles, don't go all in, don't go all in.)
Keep a close eye on the direction of policy: Once a 50 basis point cut is confirmed, the rebound window will be stronger than you think.
Maintain your own mindset: Old players may see this as the darkness before dawn, but many will die at the last moment before dawn.
In conclusion: The non-farm payroll data has revealed the Federal Reserve's 'cover'. Next, it depends on whether they can take real action. Don't forget, once the policy shifts, the market's direction will change faster than the wind. Remember to protect your principal, keep some bullets, and wait for that moment; that's our chance to turn the tables in the crypto world!
There are no gods in the crypto world, only experienced hands who can read the signals. I won't boast or make empty promises; I'll only tell you real skills on how to survive. Follow me for daily strategies to get on board and know in advance!!
