Explosion! U.S. Employment Data Surprises, Should the Cryptocurrency Market Buy the Dip or Escape the Peak?

Caught the hot news: The U.S. November employment report has been released, adding 199,000 jobs, and the unemployment rate has dropped to 3.7%! However, foreign media warns to be careful of overinterpreting the data, and not to rush to conclusions.

What does this have to do with the cryptocurrency market? Simply put, strong employment data may lead the Federal Reserve to be more 'hawkish', with rising interest rate expectations, which could put pressure on risk assets like Bitcoin. However, the market has probably already anticipated this, and the negative impact may have been priced in.

My view: Don’t scare yourself! Short-term fluctuations are normal, but the long-term view of the crypto market is still trend-based. Retail investors should remember three points: First, maintain a stable mindset, don’t chase when data is good or cut losses when data is bad; second, pay attention to the Federal Reserve's subsequent statements, as the direction is more important than the data; third, accumulate in batches, pick up chips when prices fall, and don’t be greedy when they rise.

News is always just a condiment; your investment strategy is the main course. Find the Nanshi Binance chat room: 【1143032750】, let's rationally navigate the cryptocurrency market together!

If you always feel one step behind the market, often 'buying leads to drops and selling leads to rises', then let me tell you, you don’t lack analysis, you lack a professional guide who can remind you in real time when 'opportunity arises' and 'run fast'! #美国非农数据超预期