2025-12-10 04:09:11

The US employment data has hit a combination punch, and the market is now a little confused.

Let's look at the explosive part first: the unemployed population directly rushed to 1.17 million, which is a scale not seen after the epidemic. In November, small businesses laid off 120,000 people in a single month, and the tech industry soared by 17% due to AI layoffs, and even those with bachelor's degrees began to panic - their unemployment rate jumped to 2.28%. ADP private employment data was even more ruthless, recording the biggest decline since March 2023.

But strangely, the number of initial jobless claims hit a three-year low. The two sets of data are completely fighting, one says the economy is carrying, and the other says it has cracked. The Fed is now riding a tiger, and the market has directly raised the probability of a rate cut in December to 89%.

On the surface of the currency circle, there is a carnival on the surface, and secretly there are swords and swords. On the day BTC exceeded 93,000, more than 106,000 people were liquidated within 24 hours, and the liquidation funds were as high as $360 million. Now the price is stuck at the key level of 90,000, and ETH is sticking to 3,000 dollars, which looks stable? Don't forget that ETFs had a net outflow of $4.7 billion last month, and new money didn't enter the market at all.

The real test is yet to come – PCE inflation data. If inflation continues to cool, BTC will rush to 100,000; In case the data strengthens, the deep pullback cannot run away. Now in this position, high leverage either reduces positions or stares at the two life and death lines of 90,000 and 3,000. Don't hesitate if it's broken, save your life first.

The expectation of interest rate cuts is a double-edged sword, don't just look at the positive side.

BTC1,54%

ETH0,51%

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GasGasGasBro

· 2025-12-13 02:35

Data conflicts: one moment saying稳, the next saying裂. I have to ask, who the hell can see through this game? PCE is the real test; whether to buy the dip depends on its mood. Why haven't the leveraged positions run yet? Breaking 90,000 is deservedly buried. In fact, rate cuts are just anesthetics; after three seconds of feeling good, the aftereffects are even worse. BTC hitting 100,000? Wait until this week is over before bragging. Degree brother's unemployment rate is already 2.28%. Do ordinary workers dare to lie flat? Liquidation of 360 million USD; this is the true portrayal of the crypto circle. ETF net outflow of 4.7 billion; the market started turning hostile even before beginners could enter. Looks stable? I know this kind of "stability" all too well. The next second, it’s a deep pit.

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ChainWanderingPoet

· 2025-12-12 19:44

Unemployment rate surging, crypto prices still need to look downward. This market trend is really betting on the Federal Reserve's face. --- 10.6 million people liquidated overnight, this is the true portrayal of the crypto circle. Outwardly celebrating while cutting losses late at night. --- Seeing data conflicts is common; in the end, it's always retail investors taking the fall. --- Whether the 90,000 break is the key, now those shouting that BTC should reach 100,000 are probably just looking for bagholders to enter. --- ETF monthly outflows of 4.7 billion indicate that big players have already started to run, yet some are still celebrating here. --- Inflation data is the real ticking time bomb. When PCE figures come out, it will explode, and no one can save anyone. --- Interest rate cuts every day, but crypto prices still depend on inflation figures to decide. --- Tech layoffs at 17%, bachelor's unemployment rate doubling. Is the economy really okay? --- High leverage now is like playing Russian roulette. Reducing positions early is more important than anything. --- Initial jobless claims hit new lows, but unemployment skyrocketed. Can someone tell me if this is good or bad?

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WalletDetective

· 2025-12-12 15:00

Data conflicts are really outrageous—unemployment soaring on one side while initial claims hit a new low. Isn't this just setting a trap for the market? Crossing the 90,000 mark might not be that easy. With such fierce liquidation, who dares to leverage? PCE is the real watershed; let's wait for this data. ETF net outflows of 4.7 billion, yet some still boast that BTC will take off. New investors haven't entered the market; you're just bullish here. Expectations of rate cuts are good news, but not necessarily—depends on future policies. First, hold on to the 90,000 level; if broken, just run without hesitation. The Federal Reserve's move is a bit sloppy; economic data is full of contradictions and chaos.

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RektHunter

· 2025-12-10 04:39

The data fight is so fierce, the Fed is also amazing... Is a rate cut a good thing or a pitfall? To be honest, I really can't see it clearly now

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SerNgmi

· 2025-12-10 04:37

The contradiction of the data is a routine, just wait for PCE to make a decision Unemployment soared and layoffs soared, but the initial request hit a new low? This wave of operations is incomprehensible, and the Fed has to scratch its head The BTC card 90,000 liquidated 360 million on that day, how can anyone dare to have high leverage, it's really tiresome If the expectation of interest rate cuts is speculated, the backhand will give you a slap in the face of inflation data, and the currency circle will never lack scares The net outflow of ETFs is 4.7 billion, indicating that smart money has long since run away, and now those who take over are all hindsight This position is really dangerous, and there is really no way to survive if it breaks 90,000 and 3,000

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MetaNomad

· 2025-12-10 04:34

I was not surprised by the data fight for a long time, anyway, in the end, it was up to PCE to speak Old buddy, don't be fooled by the 89% probability of interest rate cuts, if you really drop the currency circle, you may not be able to fly, now is a game The number of 1.17 million unemployed people sounds cautious, but it really hurts to liquidate 360 million If you can't break 90,000, don't toss blindly, save your life first The expectation of interest rate cuts is sharpened quickly on both sides, and you have to think about it before moving If ETH can't hold on to 3,000, you know that the new money has not come at all

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MetaMaskVictim

· 2025-12-10 04:19

The data fight is really outrageous, and the unemployment rate and the initial request are operated in reverse When the wave of layoffs comes, you have to pretend to be stable, and the Fed can't play this hand This wave of BTC liquidations is too ruthless, 106,000 people, 360 million are gone, I really dare to play If we can't hold the line of 90,000, we have to run, don't wait for a miracle to happen PCE is the real mirror, and everything is in vain now Why did the new money rise if it didn't enter the market, this time it's different, everyone It's good to expect a rate cut, but you have to live to see that day High leverage is now gambling on life, I don't gamble anymore

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TokenTaxonomist

· 2025-12-10 04:11

data's literally screaming two different stories and nobody knows which one to trust, statistically speaking this is exactly when the margin liquidations get brutal... tbh the 106k rekt in 24hrs tells you everything about ecosystem fragility rn

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