The recently released non-farm payroll data is still quite good, although I feel that the significance of the data in recent months has diminished, but the data can still drive changes in the short-term market.

In today's non-farm report, the unemployment rate decreased from 4.4% to 4.3%, and non-farm employment significantly exceeded both the previous value and expectations. These two pieces of data indicate that the U.S. economy is improving, although it may reduce the probability of the Federal Reserve lowering interest rates. However, for the current market, economic stability is more important; lowering interest rates is Trump's job.

Secondly, both the annual and monthly wage rates are rising, which is also a strong signal of economic resilience. As workers' earnings increase, their purchasing power will also rise. Therefore, this data is quite helpful for the stability of the U.S. economy.

As for interest rate cuts, the market's focus is not necessarily on the data, but on Trump and his appointed Federal Reserve chairman. $ETH $BTC $SOL #非农意外强劲 #美国科技基金净流