$BTC Seemingly calm, but actually undercurrents surging $ETH

The overnight non-farm data was very strange. The unemployment rate rose to 4%, but the number of employed people increased from 165,000 to 272,000. I can only say that one of the departments that collected these two data falsified the data, or simply put, the Federal Reserve asked to suppress the data and postpone the interest rate cut.

After the interest rate cuts in Europe and Canada, the Fed is no longer able to raise interest rates. It is just a question of when to cut interest rates. At present, the Fed hopes that the exchange rate will strengthen for a longer period of time. The overnight trend of the US dollar exchange rate also proves this point. Gold has plummeted, because anyone with a discerning eye can see that the door to easing has been opened, and the economic recession has officially begun as long as the data deteriorates further. Data falsification is unsustainable. The unemployment rate explains everything. The US stock market is still relatively stable. After all, the expectation of interest rate cuts is still there. The real risk is that after the first interest rate cut, the economic recession will impact the company's performance and affect the market to promote further interest rate cuts.

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