The crucial point now is the announcement of the US non-farm payroll and employment data, which will affect the Federal Reserve's stance. Non-farm payrolls are expected to rise by 170,000 jobs in January, which is lower than the 256,000 recorded in December of last year, but roughly in line with the three-month average. According to Dow Jones' expectations for this report, the market generally expects the unemployment rate to remain at 4.1%. Monthly wage growth is estimated to be 0.3% in January and annual growth to be 3.7%. If the annual figures are correctly anticipated, this will be the slowest growth rate since July 2024. Despite non-farm payroll potentially confirming a slowdown in job creation in the United States, the prevailing view is that the job market is stable and should not be a concern for the Federal Reserve in the near term. Through structural trend analysis, it is very difficult for the current Bitcoin price to drop below $90,000. Currently, there is extreme fear in market sentiment and many people expect a decline, but it is possible for the Bitcoin price to rise to $99,000 after trading hours, leading to a misjudgment. Since $99,000 - $100,000 is the short stop-loss range for many people and also the gap area on the small-level chart, a misjudgment may occur tonight, but there is also a real possibility of a genuine breakthrough and continued rise.
💎 💎 Recently, many small currencies have fallen, with quite a few currencies falling by more than 90%, and those who defended the "traditional season" have lost their voices. Although small currencies have a chance to rebound, it is uncertain whether it is a "dead cat bounce" or a bottom reversal. If the issuance volume and market value are still crazy, there is a high probability of a brief recovery and then another decline; if the project side converges and the issuance speed slows down, it is expected that some high-quality projects listed for some time will emerge and achieve 5-10 times the rise. At present, it is difficult for the market to rise, and the recovery opportunities are mostly concentrated in alternative currencies that enjoy consensus.#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out? #$BERA Trading is Now Open
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The crucial point now is the announcement of the US non-farm payroll and employment data, which will affect the Federal Reserve's stance. Non-farm payrolls are expected to rise by 170,000 jobs in January, which is lower than the 256,000 recorded in December of last year, but roughly in line with the three-month average. According to Dow Jones' expectations for this report, the market generally expects the unemployment rate to remain at 4.1%. Monthly wage growth is estimated to be 0.3% in January and annual growth to be 3.7%. If the annual figures are correctly anticipated, this will be the slowest growth rate since July 2024. Despite non-farm payroll potentially confirming a slowdown in job creation in the United States, the prevailing view is that the job market is stable and should not be a concern for the Federal Reserve in the near term. Through structural trend analysis, it is very difficult for the current Bitcoin price to drop below $90,000. Currently, there is extreme fear in market sentiment and many people expect a decline, but it is possible for the Bitcoin price to rise to $99,000 after trading hours, leading to a misjudgment. Since $99,000 - $100,000 is the short stop-loss range for many people and also the gap area on the small-level chart, a misjudgment may occur tonight, but there is also a real possibility of a genuine breakthrough and continued rise.
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Recently, many small currencies have fallen, with quite a few currencies falling by more than 90%, and those who defended the "traditional season" have lost their voices. Although small currencies have a chance to rebound, it is uncertain whether it is a "dead cat bounce" or a bottom reversal. If the issuance volume and market value are still crazy, there is a high probability of a brief recovery and then another decline; if the project side converges and the issuance speed slows down, it is expected that some high-quality projects listed for some time will emerge and achieve 5-10 times the rise. At present, it is difficult for the market to rise, and the recovery opportunities are mostly concentrated in alternative currencies that enjoy consensus.#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out? #$BERA Trading is Now Open