May you hold on to value and weather the cycles; let time be your friend and compounding your answer. 🎁🎁🎁🎁 May you hold on to your positions and wait for them to flourish. May you stay calm in bear markets, avoid chasing highs in bull markets, and reap rewards over the long term. 🎁🎁🎁🎁
#美国10月非农出炉:降息还有戏吗? The U.S. jobs report is due Friday. How might BTC and the Nasdaq move? 👀
The report is scheduled for release at 9:30 p.m. Beijing time on November 6. The market currently expects around 62,000 new jobs, an unemployment rate of 4.2%, and a 0.3% monthly increase in average hourly earnings.
If employment and wages both come in stronger than expected, markets may scale back expectations for rate cuts, pushing the dollar and Treasury yields higher. The Nasdaq could come under pressure, and BTC may also be affected by a cooling appetite for risk.
If the data is weaker, expectations for rate cuts may rise, supporting the Nasdaq $QQQ and $BTC ; but if the weakness is severe enough to stoke recession fears, safe-haven selling could come first.
The key is how the data compares with expectations, and how the dollar, Treasury yields, and risk assets actually react after the release.
🔥 NEAR Just Voted to Cut Inflation House of Stake approved reducing max annual issuance from 2.5% → 1.6% over 24 months. Next steps: Security Council review → 90-day grace period → validator upgrade. Less dilution. Stronger tokenomics.#NEAR🚀🚀🚀
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