Tonight’s market focus is here! The April US Non-Farm Employment data is about to be released.

The Non-Farm data hits tonight, but the market’s current forecast for April has dropped sharply to about 50,000–60,000, almost showing a “gap-like” plunge. As for the unemployment rate, it’s expected to continue to stay at around 4.3%. Although employment momentum has clearly cooled, this doesn’t mean the Federal Reserve will switch to easing right away. Current inflation pressure hasn’t fully gone away, and the labor market hasn’t weakened enough for the Fed to “admit defeat.” Compared with single-month data, the Federal Reserve cares more about a persistently weakening trend.
Tonight, the market will most likely play out around three scenarios: ✅ If Non-Farm Payrolls come in far below expectations, even dropping under 40,000: the US dollar may come under pressure and fall back, and gold, US tech stocks, and risk assets like BTC could see a rebound; ✅ If the data beats expectations or stays strong: the US dollar and US Treasury yields could strengthen again, and assets priced at a premium may face pullback pressure; ✅ If employment cools but wage growth remains too high: the market may get stuck in a tug-of-war between “economic slowdown + stubborn inflation,” with increased volatility in the short term and not a clear sense of direction. Already positioned ahead of time for fans—looking forward to Meng Jie’s short-term move!
‍$DOGE $CHZ $GAT #Gate广场五月交易分享