Non-farm data exploded, and the job market is heating up. The Federal Reserve's rate cut expectations are pushed further back, and the expectation of liquidity tightening will be stronger.


In the short term, this is definitely bearish for the crypto market, especially those altcoins supported by liquidity premiums. Dog whales probably will take this opportunity to wash out. Bitcoin is also under pressure, but a drop could be an opportunity to buy spot in batches.

#Gate广场四月发帖挑战
BTC3,04%
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