Once the data is out, both bulls and bears are dead. People staying up all night watching the market have become lambs awaiting slaughter. But this time, I noticed something unusual.
Last night, at the moment the US November non-farm payroll data was released, the entire crypto community split into two camps. One group cheered excitedly for a rebound, while the other cried and sold off everything to run away. I've seen this scene too many times.
Having been in this industry for seven or eight years, I read that non-farm report over and over again. The conclusion might be hard to swallow: behind seemingly contradictory data, the market is actually conducting a stress test. Moreover, this could very well be a signal for the next wave of market movement.
**The Torn Digital Game**
On the surface: November non-farm employment increased by 64,000, surpassing the market expectation of 45,000. Sounds pretty good.
But then I looked again and was stunned—unemployment rate jumped to 4.6%, a four-year high. Even more brutal, October's data was revised downward by 105,000, the most aggressive downward revision in five years.
It's like someone saying they are earning money, then turning around and claiming they are heavily in debt. Naturally, the market is confused. Good data suggests the Fed will slow down the pace of rate cuts, which is a pressure on crypto assets. Bad data sparks recession fears, leaving risk assets with no way out. Being caught between a rock and a hard place—that's the real difficulty.
**The Scene of Both Sides Reaping Rewards**
How did the market move? A textbook-level double kill. Bitcoin surged to $88,000, then immediately crashed back down.
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StablecoinSkeptic
· 11h ago
Stress testing, I'm tired of hearing this term, every time they say it, but it still results in more cuts.
Entry signals? Bro, are you trying to make me lose again?
Staying up all night to watch the market is really unnecessary, better to sleep.
Just a double kill and it's over? On my side, it's a four-kill or five-kill rhythm.
Good or bad data, it's all bad news. How is this game supposed to be played?
Non-farm payroll data is just used to trick stop-losses. I don't believe it anymore.
This monthly show is really exhausting to watch.
View OriginalReply0
RumbleValidator
· 11h ago
From the perspective of stress testing, it's a good angle, but the key still depends on the stability of on-chain validation nodes. When data fluctuations are large, it can precisely test the network's stress resistance. During the last crash, none of the key nodes I monitored went offline, which is the real signal.
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RugpullTherapist
· 11h ago
It's the same story again, when data contradicts, they call it a stress test, always coming up with new stories.
Losing so much that even a novice can understand the truth, this industry is truly incredible.
Staying up late watching the market is like handing knives to the market manipulators.
At the moment of 88,000, I knew it was going to crash, so textbook.
Seven or eight years of experience sounds easy, but I wouldn't believe you, probably going to lose again in the next wave.
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pumpamentalist
· 11h ago
Staying up all night watching the market and waiting for death data, it's really the daily routine of gamblers.
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It's the same old trick again, with data contradictions everywhere, bulls and bears all lying flat.
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Stress test? Sounds advanced, but I think it's just the market manipulators shaking out positions.
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At that moment of 88,000, I thought it could go to the sky, but it was just a fake move.
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Non-farm payrolls? Looks intimidating but it's all an illusion; the real market hasn't arrived yet.
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Seven or eight years of experience can't withstand this blow; this is how the crypto world is—you never know what the next second will bring.
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At the moment of 4.6% unemployment rate, I knew this time was different; we have to wait.
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Is there any difference between good data and bad data? In the end, it's just being harvested.
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I just want to know if anyone successfully bought the dip at 88,000; if you tell me, I'll give you a thumbs up.
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Behind the torn numbers are actually heartbroken retail investors. Don't talk about stress tests anymore.
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RetailTherapist
· 11h ago
Staying up all night watching the market is just asking for death; the data crashes and causes a double kill. I've fallen for this trick over 800 times.
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rugdoc.eth
· 11h ago
Really, when the data came out, I was stunned. Both longs and shorts got cut, staying up all night watching the market was really intense.
There is some truth to it; I hadn't thought about it from the perspective of stress testing.
The moment 88,000 was smashed down, my friend immediately cleared his position. He's kicking himself now.
Is this really a chance to eat the dip? It feels like someone is quietly building a position.
Anyway, I'm already numb. I'm used to double kills happening a few more times.
Once the data is out, both bulls and bears are dead. People staying up all night watching the market have become lambs awaiting slaughter. But this time, I noticed something unusual.
Last night, at the moment the US November non-farm payroll data was released, the entire crypto community split into two camps. One group cheered excitedly for a rebound, while the other cried and sold off everything to run away. I've seen this scene too many times.
Having been in this industry for seven or eight years, I read that non-farm report over and over again. The conclusion might be hard to swallow: behind seemingly contradictory data, the market is actually conducting a stress test. Moreover, this could very well be a signal for the next wave of market movement.
**The Torn Digital Game**
On the surface: November non-farm employment increased by 64,000, surpassing the market expectation of 45,000. Sounds pretty good.
But then I looked again and was stunned—unemployment rate jumped to 4.6%, a four-year high. Even more brutal, October's data was revised downward by 105,000, the most aggressive downward revision in five years.
It's like someone saying they are earning money, then turning around and claiming they are heavily in debt. Naturally, the market is confused. Good data suggests the Fed will slow down the pace of rate cuts, which is a pressure on crypto assets. Bad data sparks recession fears, leaving risk assets with no way out. Being caught between a rock and a hard place—that's the real difficulty.
**The Scene of Both Sides Reaping Rewards**
How did the market move? A textbook-level double kill. Bitcoin surged to $88,000, then immediately crashed back down.