Tonight was supposed to be the showdown of the non-farm payroll night, but the U.S. government shutdown means that data won't be released, reducing the chances of a long wick candle. Last night's unemployment claims market expectation was 22.3, while the previous value was 21.8. Although the data hasn't been released, the market still leans towards favourable information. The unemployment rate in the U.S. for September had a previous value of 4.3%, and the market expectation is also 4.3%, with little deviation. The main issue is that the market expectation for non-farm employment increased by 28,000 compared to the previous value. If the data is released tonight, it is certain that there will be a shooting star and inverted hammer in the market.
The big cake has returned above 120,000, and Ethereum has also stabilized around the support level of 4,430. A pullback will present an opportunity for altcoin accumulation, with the target still focused on the SOL ecosystem.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tonight was supposed to be the showdown of the non-farm payroll night, but the U.S. government shutdown means that data won't be released, reducing the chances of a long wick candle. Last night's unemployment claims market expectation was 22.3, while the previous value was 21.8. Although the data hasn't been released, the market still leans towards favourable information. The unemployment rate in the U.S. for September had a previous value of 4.3%, and the market expectation is also 4.3%, with little deviation. The main issue is that the market expectation for non-farm employment increased by 28,000 compared to the previous value. If the data is released tonight, it is certain that there will be a shooting star and inverted hammer in the market.
The big cake has returned above 120,000, and Ethereum has also stabilized around the support level of 4,430. A pullback will present an opportunity for altcoin accumulation, with the target still focused on the SOL ecosystem.