Breaking news! Just released the latest economic data, here’s a clear breakdown of the key points.

As of the week ending May 2nd, initial unemployment claims stood at 200k, below the market expectation of 205k, with the previous figure revised up to 190k.
Many newcomers only see the positive employment data and worry that the Federal Reserve won’t cut interest rates. But we need to look at it rationally and dialectically: this data confirms that the labor market remains resilient, and fears of a short-term economic recession can be temporarily eased; however, it also puts the Fed in a dilemma — with the economic fundamentals not weakening, if inflation rises again, the threshold for future rate cuts will only be raised further.
The current market is in a chaotic window period: the economy isn’t weak enough to decline sharply, nor is it at a point where rate hikes need to restart.
From a crypto perspective, macroeconomic game theory is far more important than simply analyzing technical K-line charts. As long as employment data doesn’t plunge significantly, the Fed will have the confidence to maintain high interest rates, continuously suppressing various risk assets; but once the market starts pricing in rate cut expectations early, incremental funds will flow back into the crypto sector.
Next, don’t just focus blindly on the K-line charts; it’s crucial to stay aligned with macro trends and grasp the rhythm of the larger cycle. $BTC $ETH #BTC回调