Non-farm data exploded, exceeding expectations, and the unemployment rate increased. For the sake of the economy, the United States is basically certain to start cutting interest rates in September.

There is a saying in finance: buy in anticipation, sell in implementation. So the US stock market collapsed directly and there was a correction. It also led to a correction in Bitcoin.

As for Ethereum, it was originally waiting for the short-term selling pressure to end and would enter a positive upward phase. This drop directly increased the short-term selling pressure.

Again, Ethereum is around 2900, and it is likely to be a gold pit. I have started buying spot at 3000. 😄😄#ETH🔥🔥🔥🔥 #内容挖矿