Last night's non-farm payrolls data vastly exceeded expectations. Although this reduces the likelihood of a December rate cut, considering that the last time non-farm data was far below expectations, it triggered widespread fears of an economic downturn in the US, leading to mass sell-offs and panic selling. Therefore, I believe that after digesting the negative impact of this non-farm report on rate cuts, a rebound and rally will begin.
Currently, my holdings are not large. If the price continues to fall, I will continue to do T+ and hold. For those who prefer a more conservative approach, you can wait until your profits are floating and then take profits and close positions.
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Last night's non-farm payrolls data vastly exceeded expectations. Although this reduces the likelihood of a December rate cut, considering that the last time non-farm data was far below expectations, it triggered widespread fears of an economic downturn in the US, leading to mass sell-offs and panic selling. Therefore, I believe that after digesting the negative impact of this non-farm report on rate cuts, a rebound and rally will begin.
Currently, my holdings are not large. If the price continues to fall, I will continue to do T+ and hold. For those who prefer a more conservative approach, you can wait until your profits are floating and then take profits and close positions.