#美联储重启降息步伐 💥Employment data suddenly plunged, and the suspense over the December rate cut might drag on until the very last moment. $LUNA

Last week, the US ADP private sector employment data took a nosedive—the biggest drop since March 2023. The market had been counting on the labor market to hold the line, but once this data came out, both gold and US stocks started swinging wildly. To make things even more bizarre, key US economic data releases have been repeatedly delayed, and even the CPI report was outright canceled. No one can make sense of these moves. With the data system itself having issues, how will the Fed set the tone at the December meeting? Honestly, nobody can guess.

Employment data has collapsed, but that's not the only problem. Rumors about leadership changes within the Fed are heating up, raising concerns that policy independence might be influenced by political factors. This alone is enough to make the market nervous. Add to that the ongoing military actions in the Western Hemisphere, the never-ending Ukraine conflict, and rising geopolitical risk premiums. Energy and commodity prices are fluctuating, and the shadow of stagflation just won't go away. $LUNC

Back to crypto—previous US stock rallies were fueled by rate cut expectations and the AI narrative, but the employment data has exposed the underlying economic weakness. With valuation bubbles and a weak economy side by side, expectations of easy liquidity have cooled off sharply. Everyone knows how sensitive crypto assets are to liquidity; any shift in Fed policy triggers immediate, sharp market swings. Right now, the bulls and bears are fighting fiercely, leverage remains high, and it's really hard to say whether the market can withstand the risk. $BTC

December is a key turning point for global capital—economic momentum is weakening, risks are stacking up, and the Fed's stance will directly determine the direction of liquidity. In the crypto market, it's crucial to watch policy signals closely, scale back leverage when needed, and keep positions flexible and nimble to have a chance of weathering this cycle of volatility. 💪