Non-farm data exceeded expectations, is it bullish or bearish?

Some people still don’t know whether today’s non-farm data is bullish or bearish for the cryptocurrency circle. Let me share with you!

The market expected the US non-farm data to be 140,000 jobs, but the actual number released was 254,000. This shows that the labor market is strong, so it can also be shown from the side that the US economic recession is a fallacy! The US economy is strong, do you say it is good or bad? The economy is good, and the panic index is falling, so it is bearish for gold and silver, and good for the cryptocurrency circle. The only thing worth noting is that a 50 basis point interest rate cut in November is basically impossible!

Today’s non-farm layout is perfectly in line with expectations. Short-term long orders can be closed, and the mid-term target is yet to be confirmed! Follow the meat-eating likes to support!