Many people may not know that there is a data point called 'non-farm payroll' in the U.S.; every time it comes out, the crypto circle generally shakes three times.
This time the data exceeded expectations again; in simple terms: the U.S. economy is doing too well, and don't expect interest rate cuts in the short term.
Money is the most realistic thing.
With high interest rates and a stable dollar, funds are reluctant to flow into such high-risk places like the crypto circle.
So next, Bitcoin and Ethereum are likely to experience sudden drops and rapid spikes.
Especially for those trading contracts, it's easy to get liquidated if you're not careful.
Altcoins are even worse; when the market panics, everyone rushes to sell small coins, which often drop more sharply than mainstream coins.
But there's no need to panic too much; this is not the end of the world.
It's just a short-term emotional sell-off; once the market digests it, the trend will gradually return to a normal rhythm.
Let me give you a straightforward piece of advice:
In the next few days, don't chase highs blindly, don't use high leverage recklessly, watch more and act less, preserving the principal is more important than anything else.
When it really falls, that's the opportunity, not panic.
