#非农就业数据来袭#

The non-farm payroll report is here, does the crypto world also need to pretend to understand macroeconomics?
Every time the non-farm payroll is announced, the crypto world follows suit: Bitcoin is suddenly interpreted as a "safe haven," while Ethereum becomes the "representative of tech stocks." It sounds impressive, but in reality, it's mostly just joining the trend. To put it bluntly, the impact of non-farm payrolls on the crypto market is like the effect of durian on latte - it smells strong, but the actual impact when consumed is limited.
The real logic is: non-farm payrolls affect the dollar, the Federal Reserve then shows its stance, and liquidity determines the temperature of risk assets. The crypto world is like that temperature-sensitive teenager; when the dollar catches a cold, Bitcoin sneezes.
So don’t laugh at the "crypto world riding on macro trends"; this precisely indicates that the crypto market is maturing: evolving from self-indulgence to breathing the same air as global finance. Non-farm payrolls are the exam questions, and crypto players also need to occasionally study some “macroeconomic political economy.”