📊 US September Three Major Data (Just Released)
1️⃣ Unemployment Rate
Previous Value: 4.3%
Expected: 4.3%
👉 Released: 4.4% (Slightly Higher)
(The unemployment rate has risen a bit, but it's not alarming)
2️⃣ Non-Farm Payroll (Key Data)
Previous Value: -0.4 Thousand
Expected: 50 Thousand
👉 Released: 119 Thousand (Significantly Stronger than Expected)
Dude, non-farm payroll doubled the expectation directly, this is a signal that "the economy is holding up."
3️⃣ Initial Jobless Claims
Expected: 230 Thousand
👉 Released: 220 Thousand (Less)
Fewer people wanting to apply for unemployment benefits means employment is relatively stable.
🧠 What does the data mean? (Analysis from Wang Renhua)
These three items together summarize:
US employment remains resilient, and the Federal Reserve has no reason to rush to cut interest rates.
What do risk assets fear the most?
👉 High interest rates maintained for longer.
High cost of capital = Money becomes expensive
Money becomes expensive = Risk assets are pressured
Risk assets are pressured = Cryptocurrency market is prone to short-term shocks
📉 Direct Impact on Cryptocurrency Market (Key Points)
🔵 Generally Bearish for BTC / ETH
· Non-farm payroll so strong → Liquidity expectations delayed
· Initial claims relatively low → Employment stable → US Treasury yields may rise
· Increased probability of a strong dollar → Cryptocurrency market under pressure
Tonight, if it weakens, don't be surprised
This is the market's "textbook reaction"
🪬 Final Sentence
On such data nights, the easiest way to lose money is not the position, but the emotion.
Calm individuals earn on swings, impulsive individuals earn experiences.
Let's keep an eye on it!
