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Non-farm payroll data surprised us once again. The unemployment rate is better than expected, is this considered a positive sign? But looking from another perspective, the decrease in the number of unemployed — wait, how did this become a negative sign? Will the US Federal Reserve cut interest rates or not, this has now become the puzzle. The market is stuck at this point, on one hand expecting stable growth, and on the other hand worried about inflation risks. For Bitcoin, this macroeconomic volatility is the most testing for hearts. Who will dominate the subsequent market movement depends on how the US Federal Reserve comments.