🔥The non-farm data is split, yet the market responds intriguingly.
The unemployment rate has risen to 4.6%, hitting a recent high, PMI indicates an economic slowdown, but there is no panic in the funds. Crypto-related stocks are going strong against the trend, Circle is up, Bitwise directly provides a 2026 outlook, with one core judgment: the bull market is still on, and ETFs may continue to absorb the new supply of BTC, ETH, and SOL.
Weaker data, on the contrary, reinforces expectations for interest rate cuts, and the White House has also signaled room for easing. The number of stablecoin users has surpassed 200 million, with on-chain funds continuously expanding, blurring the lines between traditional finance and crypto.
On the eve of a turning point, opportunities often hide in the corners, and some have already started to pay attention to Musk's little 🌷milk🌹dog~ p u p p i e s 🐶.
Do you think this is the end of the bad news, or the prologue to a new round of easing?
