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📊 U.S. jobs data is out tonight. The stronger the economy, the harder it may be for markets to rise?

On November 12 at 21:30 (UTC+8), the latest weekly U.S. initial jobless claims data will be released.

📌 Market expectation: 194k; previous: 189k.

CPI came in well above expectations across the board earlier, making the market more sensitive to the Fed’s next policy move.

There’s an interesting contradiction right now 👀

📈 Strong employment data suggests the economy remains resilient, but it could also keep interest rates elevated.

📉 Weak employment data could fuel expectations of poli
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BTC-0.67%
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$SUI Currently trading at 0.8, down 3.82% over 24H and hovering just above the 24H low of 0.799. The 1H and 4H trends are both weak, with price below the EMA20 (1H 0.8163, 4H 0.8278). RSI is 25.06 and 29.01, while volume is only 0.17x the average, indicating insufficient buying support.
Conditional watch: A high-volume breakout and hold above 0.8541 (1H resistance) could signal a recovery. If price breaks below the 0.799 support and fails to reclaim it, weakness is likely to continue. For the next review, focus on whether price can hold above 0.8541 and reclaim 0.799 if it breaks below; with v
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SUI-1.05%
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Moment of truth for the market today.
$BTC had already been weak while the S&P bounced - but if the stock market rejects & rolls over here, things could get painful.
Could be the push that crypto needs to enter short-term capitulation, though.
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BTC-0.67%
SPX+0.33%
Zcash (ZEC) has fallen below the important $1,000 price level, attracting significant attention across the cryptocurrency market. This decline highlights the increasing selling pressure and uncertainty surrounding the privacy-focused digital asset. ZEC has experienced a notable correction after trading at much higher levels, raising questions about whether the current downward movement is temporary or the beginning of a deeper correction. Market sentiment, inflation concerns, leveraged liquidations, and broader crypto market conditions are contributing to investor uncertainty. The $1,000 level
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ZEC+1.16%
$ETH That’s a pretty shameless way to operate. At 21:50, I placed a conditional ETH short at 1999, with take-profit set at 1980. The slippage brought it to 1981, and the low clearly hit 1975. Why didn’t it take profit?
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ETH-1.26%
I need to support my family
Boohoo🥺🥺🥺
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Thoughts on #AXS:
$AXS is compressing tightly toward the apex of a 4-hour falling wedge around $0.783, with lower trendline support sitting at $0.740–$0.750.
Scaling into longs on a dip near the $0.740–$0.750 wedge bottom offers a clean R:R setup. A high-volume 4-hour close above the upper descending resistance (~$0.795–$0.800) confirms the breakout toward $0.900+ for $AXS.
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AXS-0.34%
What does long-term vision mean? Two months ago, I called the market bearish, precisely opened shorts at 4400-4430, and set a target of 3900. The market then crashed in a one-way move, with my three-lot short position riding the drop from 4423 all the way to 3939, raking in $140k in profits! $XAUUSD
XAUUSD-2.51%
the jewish will always battle a way.
fucking circus.
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🚨 JUST IN: A staggering $1.1 TRILLION has been wiped from the combined market value of GOLD and SILVER in just 24 HOURS! 📉
XAU+0.38%
XAG+0.47%
At that point, ETH was still at 2,600–2,500, and I said to watch 2,100–220.
Later, I said 1,800–1,900.
I only started building a long position at the ultimate target of 1,600.
I shared in good faith, but people bashed me. I started a subscription, and people commented, “You only have a little over 100 followers and you’re already charging?” Others said a subscription fee of over 1,000 yuan a month was too expensive.
Friend, you’re the one who’s too cheap. Take a moment to reflect on yourself!!!
ETH-1.26%
Guys, I originally planned to hold this position until it reached around 800, but the downtrend hasn’t been as fierce as I expected. It’s been moving sideways all day and hasn’t met my expectations. Plus, as everyone knows, two big names in crypto, Aoying and Jiuye, disagree about whether $ZEC will rise or fall. I think the manipulative market makers will keep the price moving around here for a while before the next leg down begins. The price will definitely fall below 800. A lot of friends told me to take profits, and I listened: I’m staying out of the market and taking a break, then I’ll lo
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ZEC+1.16%
$H Luckily, I closed out my position; otherwise, I can’t even imagine! It shrank by half just like that
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H-2.00%
#美国就业数据今晚公布 Jobless claims at a 57-year low are killing the rate-cut narrative

In a rate-hiking cycle, lower-than-expected initial claims are bearish for BTC and U.S. stocks, not bullish.

The numbers are laid out here: initial claims last week were 189,000, versus expectations of 196,000, the lowest since mid-July and matching a 57-year low. The market expects 195,000 tonight, with continuing claims expected at 1.815 million and the four-week average at 207,500. Add October nonfarm payrolls of 165,000 (versus expectations of just 65,000), unemployment back at 4.1%, and just 44,000 Challenger
BTC-0.67%
🔥 What are we discussing today? Gate Square’s trending topics have been updated!

🔹 #美国10月PPI即将出炉
Upstream inflation data is due soon. If PPI continues to come in hotter than expected, could it further disrupt market expectations for rate cuts?

🔹 #美国就业数据今晚公布
Initial jobless claims are due soon. If the labor market continues to cool, could rate-cut expectations rise again?

🔹 #黄仁勋或遭罢免
Rumors about Nvidia’s leadership have drawn attention. If Jensen Huang really leaves, how much would $NVDA ’s valuation and AI strategy be affected?

Quality content can receive traffic support + featured
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NVDA-8.23%
$NVDA is down as much as 9% in premarket trading.
The reason is its CEO's philandering...
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Market update
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The news is in! Huang has resigned! $NVDA
NVIDIA’s stock is bound to be volatile in the short term, and the market may initially fall by more than 10%; the long-term outlook is more troublesome, with succession uncertain and the company highly dependent on him personally. Confidence in AI investment could also suffer. With its key figure gone, the market has lost a major source of reassurance, and the impact will be significant.

#黄仁勋或遭罢免 $NVDA
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NVDA-0.35%
NVDA-8.23%
Ethereum just broke below $2000.
Who sold?
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market update on gate
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