#以太坊行情解读 $ETH $SUI $UNI

Powell firmly declared that "the rate hike cycle has ended," but then turned around and was harshly confronted by the employment data. Once the non-farm report was released, the market exploded—August's job data was revised to be fragmented, showing a net loss of 26,000 positions, and September's new data was even halved to 108,000, far below expectations.

How ridiculous do you think this data is? Wall Street traders are straight up saying: this crappy data needs to be discounted by 30% to be reliable.

The reversal came too quickly. The expectations for interest rate cuts exploded in an instant, and the market began to price in madness—at least two rate cuts within the year, with a possibility in January. Now Powell is in a dilemma: cutting rates would mean a slap in the face to the hawkish stance, but not cutting could lead to worse economic data and greater risks. Looking ahead to the abyss of inflation and behind to the cliff of unemployment, being caught in the middle is awkward.

What’s most interesting is that Trump is sneering on the side— the worse the economy, the better it is for him. The dollar immediately plummeted, breaking through the 98 mark, and global assets were reassessed accordingly. And two days later, the CPI data is about to drop dramatically. If inflation hasn’t settled down, the Federal Reserve will really be out of options.

This wave of market movement has just begun. How $ETH, $SUI, and $UNI will perform still depends on how the macro chess game will ultimately play out.