December non-farm payroll data came with a surprise—only 50,000 new jobs added, significantly below market expectations. The unemployment rate remained unchanged at 4.4%. This directly impacted the January rate cut expectations, which have noticeably decreased.



Currently, BTC is having a tough time. The current price is around $90,600, with a 24-hour increase of just 0.35%, basically fluctuating between $89,300 and $92,000. Market participants are all watching and waiting to see how the macroeconomic situation unfolds.

The key point is that during such times, the correlation between crypto assets and traditional financial markets is particularly evident. Any movement in the macro economy immediately causes the crypto market to sway. In the short term, it’s likely to remain volatile. The $89,000 level acts as support, while $92,000 is the resistance. In this uncertain environment, it’s important to manage positions carefully and avoid greed.
BTC-0,92%
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Blockchainiacvip
· 19h ago
The non-farm payroll report directly shattered the hope of rate cuts; BTC is stuck here and can't move. --- If the 89,000 support level can't hold, be cautious. This wave is truly macro-driven and restraining the crypto market. --- Is this the extent of the increase? Might as well go back to sleep. --- Without rate cuts, the crypto market will have to rely on luck, which is uncomfortable. --- It's time to endure again; accept short-term reality. --- 50,000 new jobs? The Federal Reserve might really be heading for a hard landing. --- Leverage traders need to be cautious at this point; liquidation doesn't feel good. --- If 92,000 can't be broken, consider moving downward; the trap will deepen again. --- With such chaotic macro conditions, how can the crypto market remain unaffected? --- Still the same advice: keep your positions small first, and don't get cut too badly.
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NonFungibleDegenvip
· 01-14 01:56
ngl the non-farm number just yeeted all my rate cut hopium... 5k jobs? ser that's not even a dip, that's a crater. and btc just sitting here at 90.6k like "probably nothing" while we're all sweating bullets lmao
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OnChainDetectivevip
· 01-14 01:55
50,000 new jobs? That number is too surreal... The whale wallet transfer records I see on the chain don't match at all, it feels like something is being hidden. The 90600 level is too suspicious, why is it stuck bouncing back and forth between 89300-92000? There must be big players manipulating the rhythm behind the scenes. Wait, the unemployment rate hasn't moved and is still 4.4%? How is that possible... I checked the fund flow of institutional addresses, recent abnormal movements are frequent, it feels like they already knew the data. Short-term volatility? I think it's 80% likely to be a accumulation phase, don't trust the surface data, real gold and silver are on the chain, that’s the true story.
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OnChainArchaeologistvip
· 01-14 01:55
The non-farm payrolls are so weak, no chance of interest rate cuts, BTC still has to keep taking hits. --- Back to watching, there's really no room for operation in this wave. --- If the support at 89,000 breaks, should we just go all-in? Just kidding, who dares to hold heavy now. --- Whenever macro sneezes, the crypto market catches a cold. So annoying to see this kind of correlation. --- Still the same advice, control your positions well, don't chase empty gains, wait for signals. --- There are quite a few breakdowns, feels like there's more room to dip. --- Can't break through 92,000 at all, just keep chopping around here. --- It's always like this, when the data drops, the financial markets tremble along. --- Shorts are so comfortable, yet we still have to hold long-term properly, hilarious. --- 50,000 new jobs? This data really killed the idea of rate cuts.
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SneakyFlashloanvip
· 01-14 01:54
Non-farm payrolls hit hard, interest rate cuts are gone, BTC will have to eat dirt
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FloorSweepervip
· 01-14 01:42
Non-farm data missed again, and interest rate cuts are still far off.
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