$ETH
Non-farm data has gone crazy! The Federal Reserve is "opening the faucet" quietly, and is the crypto market about to celebrate?
This round of non-farm operations has left the whole network in shock! In November, an increase of 64,000 was significantly above expectations, while the unemployment rate soared to 4.6%. Even more shocking is that the data for August and September was revised down by 33,000, and in October there was a direct drop of 105,000 — this employment data fluctuates even more than BTC. What exactly is the Federal Reserve up to?
As soon as the data was released, the market rushed to grab the interest rate cut expectations: the probability of a rate cut in January next year instantly shot up to 31%, while the expectations for two rate cuts in 2026, totaling 58 basis points of easing, remained unwavering. The Treasury Secretary even added fuel to the fire, urging the Federal Reserve to have an "open mindset," stating that inflation will drop sharply next year, and is preparing to issue hundreds of billions in tax refunds, with each household potentially receiving $1,000 to $2,000. Is this liquidity faucet about to open early?
The chain reaction was immediate: gold surged by $10 instantly, the dollar softened, and idle funds are looking for outlets everywhere. Meanwhile, Tether directly invested $8 million into Bitcoin Lightning Network payments, clearly paving the way for capital inflow and betting on the crypto market as a safe haven.
On one side is the contradictory "fog" of data, and on the other are the frequent signals of easing being released. The crypto market, caught in between, is hiding opportunities. But the key question arises: is this just a trap to lure in more investors after good news has been fully priced in, or is it truly a prelude to real easing?
Do you think BTC will break through its previous high with this wave of liquidity, or will it first pull back to gather strength? Can the Federal Reserve really cut rates as scheduled in January? $BNB
