Is the Fed preparing a cold shower? Analysis of fresh NFP and what to do with crypto 📉🇺🇸
The October U.S. Labor Market Report (NFP) came out frankly strong and confused the cards of those who expected softness from the regulator:
🔹 Jobs created: 165 thousand (against the forecast of 65 thousand and the previous value of 60 thousand)
🔹 Unemployment: decreased to 4.1% (4.6% expected)
The U.S. labor market demonstrates amazing stability, and for the Federal Reserve this is a clear signal: the economy is not overheating, but it does not need incentives yet.
In the short term, we may be waiting for the continuation of local correction or protracted consolidation. Strong macro data is a turning point for those who were counting on a quick "liquidity rally".
However, the fundamentally bullish cycle of the crypto market does not break in one report. For medium-term investors, such drawdowns historically provide excellent points for gradual accumulation (DCA) before the subsequent reversal of monetary policy.
$BTC $ETH $BNB
The October U.S. Labor Market Report (NFP) came out frankly strong and confused the cards of those who expected softness from the regulator:
🔹 Jobs created: 165 thousand (against the forecast of 65 thousand and the previous value of 60 thousand)
🔹 Unemployment: decreased to 4.1% (4.6% expected)
The U.S. labor market demonstrates amazing stability, and for the Federal Reserve this is a clear signal: the economy is not overheating, but it does not need incentives yet.
In the short term, we may be waiting for the continuation of local correction or protracted consolidation. Strong macro data is a turning point for those who were counting on a quick "liquidity rally".
However, the fundamentally bullish cycle of the crypto market does not break in one report. For medium-term investors, such drawdowns historically provide excellent points for gradual accumulation (DCA) before the subsequent reversal of monetary policy.
$BTC $ETH $BNB
