From the ETF data, we can indeed see that some users are in a state of panic, which is also the case for ETH. If we look at BTC, there is even a large-scale sell-off, as most investors in ETH are still adopting a wait-and-see attitude. From a macro perspective, if it is due to the emotional decline caused by labor shortages, as mentioned in yesterday's assignment, then Friday is very likely to be a price adjustment or possibly a rebound.
After all, for reality, the non-farm payroll data is the most important, and the non-farm data may not necessarily be bad. The current downturn is very likely a reaction to the expectations of the non-farm data.
