I have a feeling that tonight, the unemployment rate will increase, non-farm payrolls will also increase, or the opposite may happen. It focuses on an economy that is both good and bad, with the possibility of interest rate cuts or not. #非农就业数据
What did I say yesterday? Things don't go beyond three. CFX has risen three times but didn't go up, and today it has fallen, right? It even broke below the upward trend line. Those who bought CFX are blessed, $CFX
As the saying goes, things don't go beyond three. If we can't break through for the third time today and end up with a shadow line, then CFX is finished $CFX
Are the buying and selling prices of currency inverted? Generally speaking, customers need to pay more renminbi to buy currency. After the inversion, a customer buying 100 US dollars needs to pay 713 yuan, while selling 100 US dollars can receive 714 yuan. This means merchants are losing money, losing one yuan for every 100 US dollars sold. Additionally, the current exchange rate is 1 US dollar to 7.18 renminbi, but the price of US dollars is 7.14. Why is this happening? The only truth is that people outside are crazily selling US dollars for renminbi to buy A-shares, while people here in China have foreign exchange controls and can't buy too much renminbi at once, so they can only sell US dollars for renminbi, leading to an inverted exchange rate and an inverted buying and selling price for US dollars. $ETH
BTC market share 64%. If BTC market share falls below 50%, only then will the altcoin season come. Currently, ETH has a new rally, and Cathie Wood is also promoting ETH. The recent outlook has indeed been positive. Next, we will see when mainstream altcoins like Sol can get through the spot ETF approval, which might bring the altcoin season. $BTC #山寨季要来了吗
Bitcoin seems to be heading for a double M top, while Sol looks to be heading for a single M top. It feels like a waterfall is coming, and it seems to be quite significant. After all, Trump will announce tariff policies again on Monday, and July 9th is the last day for the delayed tariffs on the EU. Next week is going to be a bloody week. $BTC $SOL #美国加征关税
Yesterday's small non-farm payrolls data was off the charts, and today's non-farm data and employment rate have improved again. Is America manipulating the data? Will they revise this month's data again in two months? What can I say? Yesterday's small non-farm payrolls data indicated an economic recession, which can hype up interest rate cut expectations. Today's non-farm payrolls and employment rate indicate that the economy is not in recession, which can hype up the fact that the economy is strong. Regardless, America has won big $BTC #非农就业数据来袭