The US ISM Manufacturing PMI index has fallen to a 14-month low, with the latest data at 47.9, originally expected to hold at 48.4. The continued decline indicates that the US economic growth momentum is clearly insufficient, and the manufacturing sector is under significant pressure.



For the crypto world, this is a bit of a blow. Risk assets like Bitcoin and Ethereum need the ISM index to stay above 50 to continue rising. Now that it has fallen below this critical level, it suggests that market optimism about the economic outlook is cooling. In the short term, weak economic data will continue to put pressure on the cryptocurrency market, depending on whether subsequent ISM data can rebound.
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GasFeeTherapistvip
· 01-10 03:23
Now this is really bad luck. ISM has dropped again, and the crypto market is going to suffer again. With such poor economic data, how can anyone dare to buy the dip? If the 50 line breaks, it's game over. No hope for a rebound in the short term. Manufacturing sector pressure, when will it end? BTC still has to endure. A drop below ISM indicates that institutions are not as optimistic, and retail investors should be more cautious.
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airdrop_huntressvip
· 01-09 09:25
Dropped again... 47.9, I really can't hold on much longer now. Breaking 50 on the ISM is a signal; the crypto market might need to stay on the sidelines a bit longer. With such weak economic data, risk assets are going to take a hit in the short term. Wait, could there be an unexpectedly quick rebound? Manufacturing sector is under so much pressure; I think Bitcoin is also hanging by a thread. I'm just worried that if subsequent data continues to worsen, that would be truly heartbreaking.
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ThatsNotARugPullvip
· 01-07 03:57
The Federal Reserve is about to perform another "unexpected data" stunt, and these ISM numbers really hit hard. When economic data is bad, the coins have to fall; I'm already tired of this routine. If we can't hold the 50 line, we really need to be cautious in the short term. Manufacturing is under great pressure, and we, the retail investors, are under even more pressure. ISM rebound seems far off; it feels like we need to endure a little longer. Speaking of which, when did the economy perform poorly but the coins actually rise? Wait, does this mean interest rate cuts are coming? Then things might not be so bleak. Manufacturing struggles are old news; the key is what the Federal Reserve is thinking. Breaking the 50 mark on ISM—wow, it looks like it's time to start stacking stablecoins.
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GasDevourervip
· 01-07 03:57
47.9? This data is really a bit uncomfortable. I was planning to buy the dip, but now I have to wait again. Whenever the US economy loosens up, cryptocurrencies suffer along with it. We've seen this pattern too many times. ISM needs to stay above 50 for there to be hope; otherwise, this short-term pressure is really unbearable.
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ShibaMillionairen'tvip
· 01-07 03:30
Damn, did it break below 50 again? Now the crypto world has to face tough times. ISM is so disappointing, will the Federal Reserve continue to stubbornly raise interest rates? It looks tough in the short term, but crises are also opportunities... It all depends on who can hold on and buy the dip. Wait, is this data real? Feels like every time the expectations get slapped in the face. Manufacturing is collapsing, how can the economy be good? BTC still wants to surge? Dream on. I’ve noted this number 47.9, there’s definitely more to the story behind it.
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CryptoSourGrapevip
· 01-07 03:29
If I had known ISM would drop like this, I wouldn't have chased that rebound. Now I'm losing big.
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