#美联储重启降息步伐 $BTC The latest data just released from the US is quite interesting. November ADP employment numbers dropped straight into the negatives, -32,000 jobs, while the market was actually expecting a 10,000 increase. What does this contrast indicate? The labor market is cooling down, and the momentum of economic expansion has clearly slowed.

My view? This is actually a signal for the crypto market. When employment data softens, the probability of a certain central bank taking action in December goes up—now, more than 85% of traders are betting on a rate cut. The logic is straightforward: as soon as expectations of fiat liquidity easing emerge, the potential for risk assets opens up, and Bitcoin is often the first to catch the scent.

How should ordinary players respond? I think there are a few key points to understand:

First, the main narrative is still intact. The market is now focused on liquidity, and this data basically adds fuel to the policy pivot—so there’s no major issue with the overall direction.

Second, don’t move your core positions easily. In a bull market, the most painful thing isn’t being caught in a drawdown, but missing out and watching the rally take off right before your eyes. The moment you get out could be exactly when the real move begins.

Third, be very restrained with leverage. We all saw last week’s volatility—high-leverage contracts are like meat grinders in wild swings, so don’t risk your principal.

To be honest, the real main upward wave might just be emerging. After the data, should you add to your position or wait for a pullback? Where are the key support levels? These details have to be judged according to the specific price action, but in the bigger picture, this macro narrative is far from over.

The market changes fast, risk is always there, but opportunities are always reserved for those who are prepared.