The US non-farm payroll data has been released; what does the better-than-expected growth mean for the cryptocurrency market?
Such macroeconomic data often directly affects the direction of Federal Reserve policy, thereby impacting the entire risk asset sector. Mainstream public chain tokens like Ethereum and Solana tend to perform sensitively amid fluctuations in market sentiment. Strong data may boost the dollar index and could also change market expectations for interest rates. Pay attention to subsequent market reactions to see how mainstream cryptocurrencies interpret this cycle.
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ForkThisDAO
· 4h ago
Strong data comes out, and the dollar is about to To da moon... This is not good news for our crypto.
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LiquidatorFlash
· 4h ago
Once the US Non-farm Payrolls (NFP) data is strong, the US dollar index is immediately set to da moon, and the collateral rates for ETH and SOL need to be monitored.
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Strong employment data? The Fed's interest rate hike expectations are going to rise again, be careful of the liquidation threshold for leveraged positions.
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Data exceeding expectations leads to two possible outcomes: either the dollar appreciates and compresses risk assets, or the market re-prices interest rate expectations, and this round of mainstream tokens needs to see if the risk control mechanism can withstand it.
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Good employment data can actually be more dangerous; when market sentiment fluctuates greatly, it is often when the liquidation risk is highest.
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Leverage positions need to be watched closely; after such macro data is released, market fluctuations often trigger a chain reaction.
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Here comes another wave of market fluctuation... I've seen this scene many times, and every time someone gets liquidated due to leverage, very few learn from it.
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With the expectation of a stronger dollar, the performance of Ethereum and Solana may not necessarily be synchronized, and there is actually quite a bit of arbitrage space in this.
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DegenRecoveryGroup
· 4h ago
Here we go again with this trap? Strong employment data = strong US dollar = coin prices being smashed, the old routine. Just watch the show, how the chart will look in the next ten years.
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CantAffordPancake
· 4h ago
The employment data is strong, and the dollar is about to rise again... ETH should be careful.
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MEVHunter
· 5h ago
Strong employment data means that interest rate hike expectations will be stirred up again, and whether SOL can withstand the pressure of the dollar's appreciation is key.
#美国就业数据表现强劲超出预期 $ETH $SOL
The US non-farm payroll data has been released; what does the better-than-expected growth mean for the cryptocurrency market?
Such macroeconomic data often directly affects the direction of Federal Reserve policy, thereby impacting the entire risk asset sector. Mainstream public chain tokens like Ethereum and Solana tend to perform sensitively amid fluctuations in market sentiment. Strong data may boost the dollar index and could also change market expectations for interest rates. Pay attention to subsequent market reactions to see how mainstream cryptocurrencies interpret this cycle.