In the U.S. market on Friday (March 8), the employment data released on the surface seemed to be half positive and half negative, which made people confused. And from the perspective of the market, it first broke through and then fell back sharply. One can’t help but wonder, is this a peaking signal?
You don’t need to worry too much. I will quickly explain to you my optimistic view on the market outlook.
First, data showed that the economy increased non-farm employment opportunities more than expected, but did not stimulate wage increases. This is perfect data for the Federal Reserve, which is striving to achieve a "soft landing." (The Fed doesn’t care if the unemployment rate rises)
Therefore, market investors will increase their bets on the possibility of an interest rate cut in June, and even believe that Fed officials will loosen policy more. (Powell’s speech this week: Do not seek inflation to reach 2% before cutting interest rates) This will directly cause the market to go crazy again.
However, we need to be wary that in the face of such favorable data, the market still surged higher and fell back quickly, creating a feeling of peaking. I would think that this banker is using a false peak pattern to mislead retail investors to sell their chips.
Since the stock of Bitcoin in OTC was nearly exhausted last week, institutions have to buy Bitcoin from the market. I think this is a huge negative (although many people interpret it as a positive). If institutions want to collect chips from retail investors, they will definitely lower the market price to collect them.
This time, using mixed data and false peak signals to seize retail investors' chips is really high!
Next, it is estimated that there will be some consolidation and reshuffle, and when the institutions have enough chips, they will explode again. So I continue to maintain the strategy of receiving goods at a low level. $BTC $ETH $BNB