#美国非农就业数据未达市场预期 The US added 50,000 new jobs, which indeed fell short of the expected 60,000. The unemployment rate, however, dropped to 4.4%, lower than the anticipated 4.5%. At first glance, the lower-than-expected job growth might seem to create conditions for a rate cut. But here’s the problem— the unemployment rate decreasing actually indicates that the job market is stabilizing, which is not conducive to a rate cut. The two indicators are conflicting, and the data itself is quite contradictory. How much credibility can you really give it? Every time the market encounters such ambiguous employment data, it takes half a day to speculate on how the Federal Reserve might act, and assets like $BTC also fluctuate accordingly. Ultimately, the authenticity and reference value of this kind of data are indeed questionable.