Non-farm payroll data just came out, and many people in the market may not understand it.


Job creation is significantly below expectations.
This means one thing:
The US economy is cooling down.
But the key point here is 👇
The economy hasn't collapsed
Inflationary pressures are decreasing
This is exactly the combination the market loves:
Expectations of rate cuts may heat up again.
So today's non-farm payroll report is more like a signal for the market:
The macro environment is gradually shifting towards risk assets.
Many people are only watching whether BTC will go up or down tonight.
But what truly deserves thought is:
If liquidity starts to return, what will happen to Crypto?
#非农数据 #ICP
BTC-4,42%
ICP-4,12%
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