šØ US JOBS DATA JUST LANDED & THE MARKET IS SCREAMING! š„š
šŗšø November Nonfarm Payrolls: +227K (way above 170K expected)
š± Unemployment Rate unexpectedly DROPPED to 4.2% (from 4.3%)
š„ Average Hourly Earnings +0.4% MoM (stronger than forecast again!)
Translation for crypto degens:
ā HOTTER than expected jobs report = Fed might stay hawkish longer
ā Rate cut dreams? Getting delayed again š
ā Dollar pumping ā Bitcoin & alts feeling the pressure short-term š
Market reaction so far:
BTC dipping | Altseason on hold | Fear is back in the chat š«Ø
Are we going full risk-off or is this just another fakeout dip before the next leg up?
Drop your take below š Bullish or Bearish on this print?
#USJobsData #NFP #NonfarmPayrolls #CryptoMarket #FedWatch
(NFA ā just vibes & numbers šš)
