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Early evening unemployment benefit data interpretation:
If the announced value exceeds expectations, it reflects a weakening labor market, and the Federal Reserve's rate cut expectations increase, which usually benefits cryptocurrencies, and prices are prone to rebound;
If the announced value is below expectations, it indicates that employment remains strong, rate cut expectations cool down, which is negative for risk assets, and cryptocurrency prices are likely to face downward pressure.
Note: Before the release of such important data, the market often has already priced in some expectations, and the actual market may experience short-term fluctuations of buying the rumor and selling the fact, so it is not advisable to blindly chase orders based solely on the data results.
#加密市场回升 $BTC $ETH