Here we go again! The U.S. non-farm payroll data has completely "missed the deadline" this time—the October data, originally scheduled to be released tonight, was dragged down by Washington's political tug-of-war. This is already the second time in two months.
For those unfamiliar, let me explain: the Department of Labor is so anxious that they directly issued a statement saying "If the government doesn't open, don't expect the data." At first glance, it seems like a domestic issue in the U.S., but for us who follow the crypto markets, the impact is quite significant.
What is non-farm payroll data? Simply put, it's a barometer of the global financial world. Every time the data is released, stock markets, bond markets, and forex markets all have to move accordingly. Now that this "barometer" has come to a halt, it's like you're driving on the highway and suddenly thick fog appears ahead, and your navigation system crashes—traditional financial leaders are more confused than anyone else. Large sums of capital instantly turn into volatile hot money, desperately seeking safe-haven exits.
At this critical juncture, crypto assets show their unique advantages. Their characteristic of not being directly controlled by a single country's policies often attracts safe-haven funds during times of extreme uncertainty. Remember last year when the Fed delayed releasing data? While traditional markets were in chaos, Bitcoin quietly gained 15% over a week. Those who had anticipated mainstream coins' rise back then later shared their profits in groups.
But let's be clear: don’t get reckless just because others are making money! This "data vacuum period" is precisely when beginners are most likely to get caught out. Market volatility will intensify, false information will spread wildly, and emotional trading can easily lead to losses.
Here are three practical tips: 1. Don't chase highs, and avoid blindly buying the dip. Wait for the situation to clarify before taking action. 2. Manage your positions well, keep enough cash on hand to handle sudden fluctuations. 3. Focus on mainstream coins; don't touch those chaotic altcoins. During times like these, the risk of small coins running away increases dramatically.
Remember, surviving is more important than chasing quick profits.
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RugpullTherapist
· 18h ago
Another political farce, and the retail investors suffer.
That being said, this wave is indeed an opportunity to jump on board, it all depends on who dares to be fearless.
Wait, why am I thinking of bottom fishing again—damn FOMO.
This time, really hold back and don't move; cash is king.
With the government's behavior, no wonder everyone is rushing onto the chain.
View OriginalReply0
ImpermanentPhilosopher
· 18h ago
Here it comes again, the US is getting active. Every time the data gets delayed, the market goes haywire. BTC should be ready to rise this time.
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Really? Hot money all needs an exit. At this moment, it's actually a good time to look into crypto, but don’t be greedy and lose everything.
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Why didn’t I join you guys that day? Now looking at the group’s show-off posts makes me uncomfortable. If I had known, I would have held a small position and waited.
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Haha, alright, the last sentence is spot on. Surviving is the key; no one cares about tomorrow’s gains without a future.
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Politics drags down the economy. When the time comes, they'll shift the blame. I just want to know what black swan will appear this time.
View OriginalReply0
MidnightTrader
· 18h ago
The political tug-of-war wiped out the data, this wave is really outrageous. Speaking of which, the last time we did this was two months ago, how idle are those folks in Washington.
But on our side, we’re just sitting back and enjoying the benefits. No matter how frantic traditional funds get, they still flow into us. The 15% rally in BTC is still vivid in my mind.
The key is not to get itchy. This is the easiest time to get cut.
Save your ammunition and wait until the storm passes.
View OriginalReply0
GhostWalletSleuth
· 18h ago
Here we go again, those folks in Washington really know how to cause trouble. With data all halted, what can we expect?
At this critical moment, traditional funds are probably panicking like crazy, but our crypto circle might have an opportunity.
But we need to stay calm. Don't rush to go all-in just because someone in the group is sharing their wins. This is the easiest time to get cut.
Mainstream coins are still worth paying attention to, but avoid the altcoins — the risks are ridiculously high.
Staying rational is key. Only by staying alive can we seize the next opportunity.
Here we go again! The U.S. non-farm payroll data has completely "missed the deadline" this time—the October data, originally scheduled to be released tonight, was dragged down by Washington's political tug-of-war. This is already the second time in two months.
For those unfamiliar, let me explain: the Department of Labor is so anxious that they directly issued a statement saying "If the government doesn't open, don't expect the data." At first glance, it seems like a domestic issue in the U.S., but for us who follow the crypto markets, the impact is quite significant.
What is non-farm payroll data? Simply put, it's a barometer of the global financial world. Every time the data is released, stock markets, bond markets, and forex markets all have to move accordingly. Now that this "barometer" has come to a halt, it's like you're driving on the highway and suddenly thick fog appears ahead, and your navigation system crashes—traditional financial leaders are more confused than anyone else. Large sums of capital instantly turn into volatile hot money, desperately seeking safe-haven exits.
At this critical juncture, crypto assets show their unique advantages. Their characteristic of not being directly controlled by a single country's policies often attracts safe-haven funds during times of extreme uncertainty. Remember last year when the Fed delayed releasing data? While traditional markets were in chaos, Bitcoin quietly gained 15% over a week. Those who had anticipated mainstream coins' rise back then later shared their profits in groups.
But let's be clear: don’t get reckless just because others are making money! This "data vacuum period" is precisely when beginners are most likely to get caught out. Market volatility will intensify, false information will spread wildly, and emotional trading can easily lead to losses.
Here are three practical tips:
1. Don't chase highs, and avoid blindly buying the dip. Wait for the situation to clarify before taking action.
2. Manage your positions well, keep enough cash on hand to handle sudden fluctuations.
3. Focus on mainstream coins; don't touch those chaotic altcoins. During times like these, the risk of small coins running away increases dramatically.
Remember, surviving is more important than chasing quick profits.