#美国10月非农出炉:降息还有戏吗? The U.S. October 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. Markets currently expect about 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 cooling risk appetite.
If the data comes in weak, 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.
#美国10月非农出炉:降息还有戏吗? The U.S. October 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. Markets currently expect about 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 cooling risk appetite.
If the data comes in weak, 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.
#美国10月非农出炉:降息还有戏吗? The U.S. October 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. Markets currently expect about 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 cooling risk appetite.
If the data comes in weak, 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.
Yilin's Daily Words of Wisdom: One trait of those who achieve great things is that they know how to leverage others' strengths and ride the wave to create conditions for success, enabling them to accomplish one difficult task after another and realize their plans for life.
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🎁 $BTC Bitcoin is trading near $76,830 as market uncertainty grows ahead of US midterm elections. Technology stocks are declining, while investors remain cautious. ETF outflows and changing market sentiment are adding pressure. Traders are watching $76,000 support and $80,000 resistance.
Actually, if Trump loses the midterm elections, it might not be a bad thing for crypto. Look back at what happened after Trump won in 2024. He talked about supporting crypto, but then launched his own Trump coin, which kept plunging and dragged the whole market down with it. During his time in office, the crypto bull market’s gains have been downright lousy. Now look at the previous cycle, when Biden was elected in 2021. That was a real bull market, and everyone made a fortune. So if Trump ends up “lame-ducked” this time around, it might not be a bad thing at all. Who knows—maybe the altcoin season bull run will climb even higher! We’ll see.