Although non-farm data is a small node, it is very crucial for the current cryptocurrency market because it relates to whether the Federal Reserve will continue to cut interest rates on January 30. From the current market trend, Bitcoin has shown signs of stopping the decline in a small level, and if combined with favorable data, it can at least shake off the nightmare of continued decline.
Today, altcoins have also performed quite well, with strong coins rising by over ten points. For example, the AI coin represents artificial intelligence, which has always been a world-class topic. For many who are unsure about which cryptocurrency to choose, they can pay more attention to the iteration of such technologies, which is definitely a long-term matter. This is fundamentally different from the so-called MEME series in the cryptocurrency space; it has substantive landing applications that continuously benefit society, and its value will gradually increase. A major bull market in 2020 was born from lending, and the DEFI sector has continued until 2024. This is the real difference between application and trend. I have always emphasized not to chase trends because they change too quickly; today it's this, tomorrow it might be something else. Instead of going with the flow, it's better to find a trend and study it deeply. At least it can ensure you get stable returns in the current bull market. The initial pace may be slow, but as long as you keep making money, you will find that those who started faster than you will slowly go downhill. Since 2023, I have been recommending two sectors: one is: L2, and the other is: landing applications like AI, chain games, etc. Once you find your direction, don't change it casually.