🤯 57k! Non-farm payrolls directly halved expectations!

At 20:30, the U.S. June non-farm payrolls increased by only 57k people, while the expectation was 110k!

The unemployment rate unexpectedly dropped to 4.2%, the lowest in a year. As soon as the data came out, gold directly surged to $4,120!

🟡 What's the relationship between gold and the crypto circle?

The logic is simple—with employment so weak, how can the Fed remain tough? As rate cut expectations heat up, the dollar weakens, and funds naturally flow into hard assets.

$BTC ‌The correlation with gold has been getting stronger recently, and this wave of sentiment will eventually transmit over.

$XAU ‌

📊 ETH's BOLL upper band 1,652 has just been broken. RSI6 surged to 75.87, a bit overheated in the short term, but the MACD is maintaining a golden cross. Above, 1,670 is the recent resistance level, and whether this position can hold steady is crucial.

$ETH ‌

💡 My view: The macro outlook is positive, but ETH's short-term RSI is high, making chasing the rally not very cost-effective. If you have a position, keep an eye on the breakout above 1,670; if not, wait for a pullback to the BOLL middle band around 1,626. Don't FOMO—data-driven moves often surge first before establishing the true direction.

👀 Where do you think this wave can go? Share your thoughts in the comments! Follow me to stay on track with the market🧐

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