The latest non-farm payroll data is weak again—is something really about to happen this time?
The freshly released data is a bit alarming. Revelio Labs tracking shows that US non-farm employment in November is expected to decrease by 9,000 jobs, while October’s numbers are even worse—the initial figure was a decrease of 9,100, but it has now been revised down to a decrease of 15,500. Two consecutive months of job contraction—the chill in this market is getting into the bones.
This situation poses a dilemma for the Federal Reserve. A weak job market would typically lead to calls for rate cuts, but the problem is that the shadow of a recession is looming. Liquidity might ease, but if the economic fundamentals collapse, that’s a whole different story.
For the crypto market, things get interesting. If we really enter a rate-cutting cycle, historical experience tells us that capital tends to seek new avenues, and Bitcoin has performed well in such environments in the past. But this time is different—the overall economic outlook is deteriorating. If traditional markets start panic selling, can digital assets really remain unaffected?
To be honest, no one can say for sure right now. The market is always swinging back and forth between expectations and reality. What do you think about the impact of this round of employment data on crypto trends? Is it an opportunity or a trap?
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BottomMisser
· 5h ago
Another round of shocking employment data—can we really buy the dip this time, bro?
Time to start jumping sideways again. Who can bet right on this move?
A recession is coming. Can Bitcoin really stay unscathed? I’d be surprised if it could.
The rate-cut cycle is coming, but nobody knows where the money will flow yet.
With such a severe contraction in employment, it feels like we’re laying the groundwork for a major bottom.
At this stage, listening to anyone can get you wrecked—better just hold onto your coins tightly.
The Fed is stuck between a rock and a hard place, which means we’re the ones who’ll suffer.
Cutting 15,500 jobs—this is a pretty big move.
Opportunity or trap? Either way, I’m out of money.
If rate cuts really happen, can crypto actually go up, bro?
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BugBountyHunter
· 12-05 19:20
Hmm... Cutting interest rates again? Feels like those trying to catch the Bitcoin bottom this time are going to lose big.
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Wait, continuous contraction in employment and still cutting rates? This financial system is getting more and more absurd.
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Let me just ask, is everyone who went all in on Bitcoin doing okay now?
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People keep talking about opportunities, but as soon as the traditional market crashes, crypto follows right along.
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Rate cut cycle is here but the economic fundamentals are terrible, who can actually make money now?
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Nonfarm payrolls disappoint again, and the market's volatility is insane. If anyone can predict the direction, I salute them.
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Stop messing around, just wait until the rate cut situation is settled before making any moves.
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So should we wait for an opportunity or run now? This round feels a bit risky.
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As soon as employment data tanks, people start thinking about Bitcoin. That logic is something else.
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LayerZeroHero
· 12-05 02:52
Two consecutive months of declining employment data—this time it really feels off.
If you ask me, rate cuts are one thing, but if the economic fundamentals truly collapse, loose liquidity won’t be able to save us.
Where will the money flow? Whether Bitcoin can benefit from this wave depends on whether the traditional markets panic.
That’s how the market is—always swinging between self-deception and self-redemption.
This isn’t an opportunity; it’s a bet on the Fed’s resolve.
I just don’t get it—who dares to take the baton now?
Feels like things are about to change, and I’m having trouble holding onto my positions.
Historical experience is a joke in the face of economic recession.
Now it’s up to the Fed to spin the story—if they can fool the market, they win.
View OriginalReply0
NoStopLossNut
· 12-05 02:37
Here we go again—when the nonfarm payroll data is bad, they say it’s going to crash. Didn’t they say the same thing three months ago?
We’re already cutting rates and it’s still dropping. That logic is unbelievable.
Wait, is it really different this time? Or are we just going to see more flip-flopping?
Bitcoin does well during rate-cut cycles? I remember last time they said something completely different.
When liquidity loosens up, it all ends up in tech stocks’ pockets. What’s left for crypto, really? Haha.
If “nobody knows for sure,” then stop making the headlines sound so scary—it’s like the end of the world or something.
People have been asking if it’s an opportunity or a trap for over a year now—guess we’ll just keep asking forever.
The latest non-farm payroll data is weak again—is something really about to happen this time?
The freshly released data is a bit alarming. Revelio Labs tracking shows that US non-farm employment in November is expected to decrease by 9,000 jobs, while October’s numbers are even worse—the initial figure was a decrease of 9,100, but it has now been revised down to a decrease of 15,500. Two consecutive months of job contraction—the chill in this market is getting into the bones.
This situation poses a dilemma for the Federal Reserve. A weak job market would typically lead to calls for rate cuts, but the problem is that the shadow of a recession is looming. Liquidity might ease, but if the economic fundamentals collapse, that’s a whole different story.
For the crypto market, things get interesting. If we really enter a rate-cutting cycle, historical experience tells us that capital tends to seek new avenues, and Bitcoin has performed well in such environments in the past. But this time is different—the overall economic outlook is deteriorating. If traditional markets start panic selling, can digital assets really remain unaffected?
To be honest, no one can say for sure right now. The market is always swinging back and forth between expectations and reality. What do you think about the impact of this round of employment data on crypto trends? Is it an opportunity or a trap?