Non-farm payrolls came in at 162,000, far above expectations. Trump publicly took credit while strongly pressuring the Federal Reserve to cut rates, even suggesting that if rates are not cut, trade measures could be used, and also mentioning the president’s tariff-related powers.
Driven by the news, BTC quickly rallied from 77,000 to above 81,000, and ETH reclaimed the 2,500 level. The market is no longer focusing on the data itself and is instead betting on whether the Fed will compromise at the FOMC meeting. Funding rates on the board have turned positive, long and short sentiment has surged, and in a highly volatile environment, the risk of liquidation in contracts has intensified.
Trump clearly called for a return to a low-interest-rate environment, indirectly steering the market to trade expectations of a weaker dollar and looser liquidity. Crypto assets are highly sensitive to liquidity and were the first to see gains. But risks remain: if the Fed holds its ground and refuses to cut rates, the current chasing-long funds may come under pressure. The market has entered a FOMO phase; past experience shows that after such news-driven moves, the market is likely to experience repeated shakeouts.
$BTC $ETH #美国8月非农数据今日公布 #比特币以太坊触及数月高点 #美国初请失业金人数升至20.6万
Driven by the news, BTC quickly rallied from 77,000 to above 81,000, and ETH reclaimed the 2,500 level. The market is no longer focusing on the data itself and is instead betting on whether the Fed will compromise at the FOMC meeting. Funding rates on the board have turned positive, long and short sentiment has surged, and in a highly volatile environment, the risk of liquidation in contracts has intensified.
Trump clearly called for a return to a low-interest-rate environment, indirectly steering the market to trade expectations of a weaker dollar and looser liquidity. Crypto assets are highly sensitive to liquidity and were the first to see gains. But risks remain: if the Fed holds its ground and refuses to cut rates, the current chasing-long funds may come under pressure. The market has entered a FOMO phase; past experience shows that after such news-driven moves, the market is likely to experience repeated shakeouts.
$BTC $ETH #美国8月非农数据今日公布 #比特币以太坊触及数月高点 #美国初请失业金人数升至20.6万