On the eve of the Non-Farm Payrolls release, the cryptocurrency market is stuck in a state of indecision and fluctuation.
As key employment data approaches, Bitcoin and Ethereum both show unclear directional trends, with the market cautiously waiting and filled with a wait-and-see sentiment.
Bitcoin is barely holding above the 90,000 level, while Ethereum remains around 3100, continuing to consolidate. Morning volatility narrows, trading volume is light, and in the afternoon, there was a quick dip. Although there was a slight rebound at the end of the session, the rebound strength was weak, and the overall trend still appears weak.
Currently, the market faces multiple intertwined factors: divergence within the Federal Reserve's internal statements, mixed economic data—on one hand, employment indicators show signs of fatigue, on the other hand, the service sector performs strongly, leading to reduced willingness for funds to enter. Meanwhile, new regulations on cryptocurrency in Hong Kong have been implemented, causing some institutions' holding costs to rise, and market capital inflow has contracted, with selling pressure gradually emerging.
Tonight will be the first to release initial unemployment claims data, and Friday's non-farm employment report, which is the climax of the week, will directly influence market expectations of Federal Reserve policies. A breakout may be imminent.
If you feel confused during the fluctuations, feel free to communicate at any time. Short-term trading is recommended with a starting reference of 10,000 USDT, swing trading can consider a capital of 30,000 to 50,000 USDT, and long-term investors are advised to prepare 100,000 to 200,000 USDT, jointly迎接 the key market battles before the Lunar New Year. #GT2025第四季度销毁完成 #Gate广场创作者新春激励
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On the eve of the Non-Farm Payrolls release, the cryptocurrency market is stuck in a state of indecision and fluctuation.
As key employment data approaches, Bitcoin and Ethereum both show unclear directional trends, with the market cautiously waiting and filled with a wait-and-see sentiment.
Bitcoin is barely holding above the 90,000 level, while Ethereum remains around 3100, continuing to consolidate. Morning volatility narrows, trading volume is light, and in the afternoon, there was a quick dip. Although there was a slight rebound at the end of the session, the rebound strength was weak, and the overall trend still appears weak.
Currently, the market faces multiple intertwined factors: divergence within the Federal Reserve's internal statements, mixed economic data—on one hand, employment indicators show signs of fatigue, on the other hand, the service sector performs strongly, leading to reduced willingness for funds to enter. Meanwhile, new regulations on cryptocurrency in Hong Kong have been implemented, causing some institutions' holding costs to rise, and market capital inflow has contracted, with selling pressure gradually emerging.
Tonight will be the first to release initial unemployment claims data, and Friday's non-farm employment report, which is the climax of the week, will directly influence market expectations of Federal Reserve policies. A breakout may be imminent.
If you feel confused during the fluctuations, feel free to communicate at any time. Short-term trading is recommended with a starting reference of 10,000 USDT, swing trading can consider a capital of 30,000 to 50,000 USDT, and long-term investors are advised to prepare 100,000 to 200,000 USDT, jointly迎接 the key market battles before the Lunar New Year.
#GT2025第四季度销毁完成 #Gate广场创作者新春激励