$BTC
Tonight's Nonfarm Payrolls: 65,000 expected. Don't rush to bet.
At 9:30 p.m. Beijing time this Friday, the U.S. October Nonfarm Payrolls report is due, with the market expecting 65,000 new jobs. But ADP already came in hot at 86,000, beating expectations—so there's a good chance Nonfarm Payrolls will be strong too.
Strong data: rate-hike expectations heat up, the dollar and Treasury yields rise, and $BTC and U.S. stocks come under pressure. Weak data: recession fears grow, and risk assets still struggle. The market wants a number that's neither too hot nor too cold.
One-line strategy: Don't act before the data comes out. Check the liquidation price first, then consider buying the dip. Don't panic unless a key level breaks; a pullback is an opportunity. Staying in the game matters more than being right.#非农不及预期
Tonight's Nonfarm Payrolls: 65,000 expected. Don't rush to bet.
At 9:30 p.m. Beijing time this Friday, the U.S. October Nonfarm Payrolls report is due, with the market expecting 65,000 new jobs. But ADP already came in hot at 86,000, beating expectations—so there's a good chance Nonfarm Payrolls will be strong too.
Strong data: rate-hike expectations heat up, the dollar and Treasury yields rise, and $BTC and U.S. stocks come under pressure. Weak data: recession fears grow, and risk assets still struggle. The market wants a number that's neither too hot nor too cold.
One-line strategy: Don't act before the data comes out. Check the liquidation price first, then consider buying the dip. Don't panic unless a key level breaks; a pullback is an opportunity. Staying in the game matters more than being right.#非农不及预期
