Mainstream range-bound trading—waiting quietly for the NFP data 🔥
Right now, the majority are seeing a choppy, sideways market. Everyone is waiting for tomorrow’s U.S. Non-Farm Payrolls (NFP) data to guide the market direction. The level $BTC $ETH $SOL is only suitable for swing trading. Even if you get stuck in the trade, you can still hold it and find a way out. The real move will have to wait until tomorrow’s data is released, so we can tell whether the October rate-hike expectations are still in place.
At present, the market consensus is that there will be another rate hike. As long as the market builds that expectation, once the hike is actually carried out, there will be room for the move to be digested—without causing panic. If there is room for rate-cut expectations instead, it will definitely trigger a sudden surge.
Right now, whether it’s U.S. stocks or the broader market, everything is basically waiting for tomorrow’s data. The U.S. dollar index has broken this year’s historical high. If the Federal Reserve wants to “put out the fire,” it will definitely release some favorable news to stabilize things—#CFTC向白宫提交两项事件合约规则提案
Right now, the majority are seeing a choppy, sideways market. Everyone is waiting for tomorrow’s U.S. Non-Farm Payrolls (NFP) data to guide the market direction. The level $BTC $ETH $SOL is only suitable for swing trading. Even if you get stuck in the trade, you can still hold it and find a way out. The real move will have to wait until tomorrow’s data is released, so we can tell whether the October rate-hike expectations are still in place.
At present, the market consensus is that there will be another rate hike. As long as the market builds that expectation, once the hike is actually carried out, there will be room for the move to be digested—without causing panic. If there is room for rate-cut expectations instead, it will definitely trigger a sudden surge.
Right now, whether it’s U.S. stocks or the broader market, everything is basically waiting for tomorrow’s data. The U.S. dollar index has broken this year’s historical high. If the Federal Reserve wants to “put out the fire,” it will definitely release some favorable news to stabilize things—#CFTC向白宫提交两项事件合约规则提案