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【Non-Farm Payrolls Surpass Expectations! Job Market Resilience vs. Cooling Rate-Cut Expectations】🔥
U.S. non-farm payrolls added 178,000 in March, far exceeding expectations! The unemployment rate fell back to 4.3%, showing strong resilience in the job market. But on closer inspection of the data: the Services PMI dropped to 49.8, marking the first time in three years that it has fallen into the contraction zone!
📊 Key Signals:
• Non-farm payrolls surpass expectations → Probability of Fed rate cuts decreases
• Services sector contraction → Pressures of an economic slowdown begin to show
• Escalation of Middle East conflict → Risk-aversion sentiment heats up
🎯 What do BTC/ETH look like?
Pressure in the short term, but support in the medium term. The Federal Reserve maintaining high interest rates suppresses risk assets, but geopolitical risks plus expectations of economic slowdown may increase safe-haven demand. It is suggested to focus mainly on shorting; if a level breaks, follow the move—don’t chase rallies or sell in panic.
Key levels to reference:
BTC: Support 65000 | Resistance 70000#
ETH: Support 2000 | Resistance 2200
#BTC #ETH #非农 #美联储 $BTC