In the live broadcast of Sanqian Community: Non farm crops have exploded significantly! The negative values in July have been completely corrected, putting pressure on BTC and causing a drop in gold prices. What will happen in the future?

Click on the link to enter the meeting: https://meeting.tencent.com/dm/pNYTHY0yaLxv Tonight at 20:00, it will start broadcasting on time! On the evening of September 4th Beijing time, the non farm payroll for August officially landed, with an additional 162000 people added in August, compared to an expected 56000, significantly exceeding market expectations; The unemployment rate remains at 4.1%, and the hourly wage is 3.1% year-on-year; At the same time, the Ministry of Labor significantly revised the previous value: in July, it was revised from -23000 to+21000, with a total increase of 55000 in June and July. The previous negative non farm payroll was a statistical correction disturbance, not a real employment collapse. ▫️ After the data exploded, the probability of the Federal Reserve raising interest rates in September directly rose to 62%, the yield of US bonds surged, the US dollar strengthened, and gold quickly plummeted in the short term, falling from the 4500 level to below 4400, dealing a heavy blow to the bulls. ▫️ BTC's current price around 79600 is suppressed by non farm bearish expectations, with a 24-hour volatile downward trend. The key resistance above is 80800, while the support below is in the 78000 range; The current price of ETH is around 2450, following the weakness of the market, with 2500 becoming a strong pressure level. ▫️ Market expectation reversal: previously weak employment and early interest rate cuts in trading; Now repricing employment resilience, the risk of interest rate hikes is returning, and gold and cryptocurrency are under pressure simultaneously. ⚠️ Key risk reminder: There are structural contradictions in this non-agricultural sector, with the main increase coming from seasonal positions in the catering and education industries, while information industry positions are still shrinking. It cannot be simply understood as an overall overheating of the economy; The market has already priced in with some expectations of interest rate hikes. Next, we will focus on verifying inflation data and not blindly chasing short positions. Expectations have been completely rewritten, and the market has reached a critical watershed. Don't brag too much, don't shout empty promises. Tonight at 8 o'clock, I will help you clarify the real direction of the game after non farm farming. ⚠️ Risk Warning: All content is for market review teaching only and does not constitute any investment advice. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.