#美国就业数据表现强劲超出预期 Non-farm payroll data exceeds expectations again? Can this wave of market movement continue?

After the Federal Reserve's data was released, the market reaction has always been the same—when the data is good, some are optimistic; when the data is poor, some are bearish. The question is, how much do these macro indicators actually influence the current market trend?

Just look at the recent performance of $BTC. When non-farm payroll data exceeds expectations, it can indeed trigger a short-term rally, but whether it can sustain depends on the true intentions of the funds. Are the bulls ready? Will the bears dump? These are the key factors that will determine the next move.

Mainstream coins like $ETH and $SOL have also been following the trend recently, but their fundamentals are limited. Instead of guessing the data, it's better to look at on-chain fund flows and the movements of large holders—that's the real story.