$UNI $SOL $USDC 130,000 people? Unemployment rate 4.3%? This is not a cooling down, this is turning up the heat in front of the Federal Reserve.
Wake up, something big has happened. Last night's non-farm payrolls were not just "a little better than expected"; it was a total shock.
As soon as the data came out, the market changed its face.
The dollar skyrocketed, U.S. Treasury yields surged, and gold plummeted in an instant. Friends who were betting on three interest rate cuts this year now have to question whether they dare to act in May.
Powell: See, I said we needed to look at the data.
The data has arrived, what else is there to look at? Just hold on tight.
In the crypto world, people are still dreaming in the middle of the night, only to wake up and find U.S. stock futures kneeling in respect. Liquidity expectations come quickly and leave even faster.
Some ask, if non-farm payrolls are good, doesn't that mean the economy is strong? Isn't a strong economy good for all assets?
Bro, that was the script of 2021.
Now it's 2026, and the script is titled:
The better the data, the further away the rate cuts. The further the rate cuts, the lower the water level. The lower the water level, the heavier the altcoins in your hands.
This is not alarmism.
Just look at how gold plummeted, it was as smooth as if it had practiced. The dollar index surged back to 108 in one breath, and U.S. Treasury yields broke through critical levels.
This is not a small fluctuation; this is capital voting with real money—don't expect the Federal Reserve to ease off anytime soon.
And what about crypto?
To be honest, this position is quite awkward.
Bitcoin is still hovering there, as if waiting for something.
Waiting for the U.S. stock market to open? Waiting for Powell to come out and strike again? Or waiting for everyone to digest the bad news?
I don't know.
But one thing is certain:
The fire from non-farm payrolls didn't burn inflation, it burned the market's fantasies.
Before, we always thought, "Just wait a bit longer, the rate cuts are coming soon"; now this script has been torn apart.
What to do next?
In the short term, don't catch falling knives. Don't rush to bottom fish just because gold has dropped, and don't guess the top just because the dollar is strong.
Big funds are all waiting, why are you in a hurry?
For the medium to long term? The fundamentals haven't changed, the cycle hasn't altered; it's just that the rhythm has been pushed back.
This industry has never lacked opportunities; what it lacks is—when others panic, you still have bullets.
Tonight, the U.S. stock market will reveal the truth. Stay steady.
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