US Non-farm Payrolls (NFP) data was a big disappointment, significantly lower than expected, while US stocks reached new highs, which aligns with my previous analysis. The main reason for the subsequent sharp decline is that Trump wants to save face and revise the data. Additionally, some traders seem to be starting to bet on an economic crisis? The ongoing battle between a 50bp hike and the economic crisis should favor the 50bp hike, which means stocks will turn positive. If there are further favourable information, both Bitcoin and Ethereum could continue to push towards 116 and 4600. Currently, I maintain a bullish outlook, but of course, if the trend goes awry, I will exit faster than anyone else (ˉ▽¯~)💨💨


Direction: cautiously bullish #Gate Alpha晒单挑战 #Gate上线Ondo专区现货交易 #非农就业数据来袭
TRUMP-0.05%
BTC-0.16%
ONDO-1.58%
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GateUser-732f8bb2vip
· 09-06 12:18
The news is negative at the moment in the short-term but it's positive in the medium term as these US figures almost certainly promise a decrease in interest rates in September, which will boost liquidity in cryptocurrencies.
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GateUser-732f8bb2vip
· 09-06 12:15
HODL Tight 💪
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Bahatiyanguvip
· 09-05 16:56
You have done a fantastic job 👍
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FortuneOneOnevip
· 09-05 16:41
Once you've finished writing about Ether, focus on trading. You opened 5 long orders in less than a minute. If you like playing with altcoins, don't annotate the lead in copy trading to only play with Ether.
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