Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The farce of the standstill has finally come to an end, but the real test is just beginning.



This week can be called the "Super Week" for the macro market—the non-farm employment data for November, originally delayed due to the government shutdown, is finally set to be revealed this week. This overdue report directly relates to whether the Federal Reserve will actually cut interest rates in December. Recently, Federal Reserve officials have been frequently expressing their views, but their stances are not unified, and the divergence in policy direction is becoming increasingly obvious.

What's worse is that in addition to the non-farm payroll data, the U.S. real income report and NVIDIA's quarterly earnings report are also scheduled to be released this week. With several major announcements coming down at once, it's hard for the market not to experience significant fluctuations.

For the crypto market, this macro-level uncertainty often amplifies emotions. Mainstream cryptocurrencies like Bitcoin and Ethereum may experience a roller coaster ride in the short term along with traditional financial markets. The key now is to observe the stance of the Federal Reserve—if the non-farm payroll data is strong enough, expectations for interest rate cuts may be dampened; conversely, if market liquidity expectations improve, risk assets may welcome a rebound window.

At such moments, staying calm is more important than chasing trends.
BTC-0.14%
ETH0.82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
HodlVeteranvip
· 17h ago
There have been so many dramas this week; I was also repeatedly educated by the market back in the day. With the US Non-farm Payrolls (NFP) getting dumped, BTC is likely to go on a roller coaster ride, and retail investors shouldn't get too excited. Once the interest rate cut expectations change, suckers will be played for suckers again. As we get older, we prefer to hold coins steadily and avoid going all in. The Fed's statements are inconsistent, this situation is too messy, and I've seen too many people catch a falling knife. If you ask me, the most challenging part during such times is the mindset; many newbies end up rekt in this uncertainty. With NVIDIA, the US Non-farm Payrolls (NFP), and the Fed all getting dumped together, this is reminiscent of the tragic events of 2018. The advice from crypto veterans is simple: don’t trade recklessly, wait until you’re sure before you enter a position, or you won't even know how you died.
View OriginalReply0
HappyMinerUnclevip
· 22h ago
It's the Fed and the non-farm payroll again, my coins are going to be played badly, can I still sleep well next week haha The Fed officials are all saying different things, and us retail investors are even more confused, will they lower interest rates or not? Non-farm payrolls, financial reports, NVIDIA, a bunch of things getting dumped, this wave of market is mostly going to have big fluctuations, I might have to buy the dip while watching I promised to stay calm, but when I see the coin price jumping, my hands itch, I really can't hold on I'll just treat this week as watching a show, looking forward to the rebound window, but I also have to guard against getting trapped.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)