The unemployment data in the US for the week was released, higher than expected, strengthening expectations for interest rate cuts; however, the coin price fluctuation is not significant, indicating that the bottoming time is still insufficient. The rebound of Ether is stronger than that of BTC, which also shows that the possibility of hitting a new low decreases. There is a greater probability of oscillating repeatedly above the previous day's low while waiting for Powell's heavyweight speech tomorrow, which is also the most important time window for the market this week. Continue to buy low, without fear or pessimism. Regardless of whether the remarks lean hawkish or dovish, the market will continue to move in its original direction after digesting.
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The unemployment data in the US for the week was released, higher than expected, strengthening expectations for interest rate cuts; however, the coin price fluctuation is not significant, indicating that the bottoming time is still insufficient. The rebound of Ether is stronger than that of BTC, which also shows that the possibility of hitting a new low decreases. There is a greater probability of oscillating repeatedly above the previous day's low while waiting for Powell's heavyweight speech tomorrow, which is also the most important time window for the market this week. Continue to buy low, without fear or pessimism. Regardless of whether the remarks lean hawkish or dovish, the market will continue to move in its original direction after digesting.