Let's talk about the non-farm data for tomorrow night, which has been buzzing in the market. First, many people's views suggest that a big pie of 70k and 80k is already on the way. I can't help but say: those who watch the excitement always think the market isn't hot enough; those who are truly involved are waiting for real opportunities.

You should know that I have personally been preparing to lay out a long position around 89k, getting ready for a third charge. The question is, will the market be willing to give me this chance? I would say maybe not!

Looking back at this week, the Fed's little moves have been quite plentiful; the benefits of interest rate cuts are right there for anyone to see, but the economic data makes one doubt life. Tomorrow night's non-farm data is likely to hover around expectations, it won't be explosive but also won't crash.

Data serves as the conductor of market emotions, but the question is, who is the baton pointing at? What is the most stimulating thing? The unemployment rate continues to decline, and the labor market appears extraordinarily strong. At this time, the Fed is like a hen holding a bowl of warm water, needing to cut interest rates to please the market, yet fearing that excited funds will all run out of the U.S.

So right now, just focus on the Fed's interest rate cuts, don’t ponder those flashy future speculations of whether to raise or cut. Whether it raises or cuts, the Fed emphasizes that it needs to do both: to cut interest rates to please the market, to prevent funds from running away, and to maintain its global position.

Looking back at this round of the market, the spot ETF of the big pie is the real bomb; BlackRock, MicroStrategy, and other big players are directly piling funds up. As for ETH, there’s no comparison, and recently some friends who found mentors holding altcoins are mostly heavily trapped, and some even threw all their money into altcoin contracts...

Just think about how much money is in the market; where it flows in, that's where the action is. In this round of the market, the “value coins” in VC's hands had an initial market cap that was outrageously high, do you still expect it to explode later? Don’t be naive; just wait for the super large sell-off that will be unlocked to have enough to drink.

When the bear market comes, many friends will finally understand those so-called value coins. It’s not that they didn’t rise, it’s that they don’t deserve to rise; it’s not that they won’t fall, it’s that they are destined to fall apart. And the fate of altcoins is to be the scythe that harvests your emotions. Brothers, wake up.