Tonight is very likely to follow the script of "bad news fully priced in, then good news follows."
Brothers, at 9:30 PM tonight, the US is about to make a big "two-in-one" move. The non-farm payroll data, usually released on the first Friday of each month, has been delayed due to the government strike and shutdown. Now, it’s been accumulated into one release. Tonight, not only will they release the November data, but they will also supplement a "partial" October report. This is like playing cards: instead of revealing one hand at a time, they are suddenly throwing out two bottom cards at once. What does this mean for our coins and the market? The current market is undergoing a small macro narrative reset. Last week, the Federal Reserve just cut interest rates. Powell, that old guy, has been hinting that, brothers, our employment market is not doing well and faces downside risks. So, the key point of tonight’s event is: Is Powell’s "wolf" really coming? If we understand these three points, we won’t panic tonight: 1. The data is likely to be disappointing Market expectations are that November added only 50,000 jobs. In the past, this would be considered a "fail" data point. Plus, the unemployment rate might rise to 4.5%. The logic is simple: the worse the data, the more it indicates that the US economy is weak, giving the Fed more reason to continue cutting rates and easing next year. In crypto logic, bad news = good news. Because easing means liquidity is returning, money will seek assets to invest in, and our high-risk, high-reward market is a money magnet. 2. The partial data has some water Everyone should be aware that the October data is incomplete, and even the official admits there’s a large statistical error. It’s like inspecting goods with a blurry certificate. So, tonight’s data, whether good or bad, is filtered through a layer of uncertainty. Don’t jump to act on a single number like a gambler; that’s not a trader. 3. The narrative the market wants right now Whether in US stocks or cryptocurrencies, the market is waiting for a soft landing script. As long as tonight’s data isn’t a "cliff dive" (like negative growth), but just mild softening, the market will interpret it as: see, I told you, rate cuts are still on track! My advice is: For tonight’s market move, don’t bet on the exact number, bet on the expectation gap. If the data comes out, and although it’s weak, it’s not outrageous, that’s positive for liquidity and risk assets (our coins). If the data is surprisingly good, be cautious— that’s negative because the Fed might stop easing. Tonight is very likely to follow the script of "bad news fully priced in, then good news follows." As long as there’s no major crash, once the liquidity easing narrative is confirmed, our spring is not far away. $BTC #CryptoKing
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Tonight is very likely to follow the script of "bad news fully priced in, then good news follows."
Brothers, at 9:30 PM tonight, the US is about to make a big "two-in-one" move.
The non-farm payroll data, usually released on the first Friday of each month, has been delayed due to the government strike and shutdown. Now, it’s been accumulated into one release. Tonight, not only will they release the November data, but they will also supplement a "partial" October report.
This is like playing cards: instead of revealing one hand at a time, they are suddenly throwing out two bottom cards at once.
What does this mean for our coins and the market?
The current market is undergoing a small macro narrative reset.
Last week, the Federal Reserve just cut interest rates. Powell, that old guy, has been hinting that, brothers, our employment market is not doing well and faces downside risks.
So, the key point of tonight’s event is: Is Powell’s "wolf" really coming?
If we understand these three points, we won’t panic tonight:
1. The data is likely to be disappointing
Market expectations are that November added only 50,000 jobs. In the past, this would be considered a "fail" data point. Plus, the unemployment rate might rise to 4.5%.
The logic is simple: the worse the data, the more it indicates that the US economy is weak, giving the Fed more reason to continue cutting rates and easing next year.
In crypto logic, bad news = good news. Because easing means liquidity is returning, money will seek assets to invest in, and our high-risk, high-reward market is a money magnet.
2. The partial data has some water
Everyone should be aware that the October data is incomplete, and even the official admits there’s a large statistical error.
It’s like inspecting goods with a blurry certificate. So, tonight’s data, whether good or bad, is filtered through a layer of uncertainty. Don’t jump to act on a single number like a gambler; that’s not a trader.
3. The narrative the market wants right now
Whether in US stocks or cryptocurrencies, the market is waiting for a soft landing script.
As long as tonight’s data isn’t a "cliff dive" (like negative growth), but just mild softening,
the market will interpret it as: see, I told you, rate cuts are still on track!
My advice is:
For tonight’s market move, don’t bet on the exact number, bet on the expectation gap.
If the data comes out, and although it’s weak, it’s not outrageous, that’s positive for liquidity and risk assets (our coins).
If the data is surprisingly good, be cautious— that’s negative because the Fed might stop easing.
Tonight is very likely to follow the script of "bad news fully priced in, then good news follows." As long as there’s no major crash, once the liquidity easing narrative is confirmed, our spring is not far away. $BTC #CryptoKing