Non-farm landmine + emotional explosion! 700 million Get Liquidated night, short positions are all confused.

The July non-farm data was like a "gentle bomb"—not too big, not too small—but it precisely detonated the nerves of the bulls in the crypto circle. An increase of 173K jobs is neither high nor low, but it perfectly "slaps the face" of the optimistic sentiment from a few days ago, even Wall Street is starting to doubt: Is the Federal Reserve's strategy going to be delayed again?
On the cryptocurrency side, the reaction speed is comparable to lightning, with $700 million getting liquidated during the trading session! This is not just "market volatility"; this is essentially a "jumping off the building scene." BTC experienced a short-term flash crash, ETH slipped out of its support level, and even Dogecoin lost its popularity in an instant. It seems that the bulls have truly been "employed by the employment data."
The most interesting thing is that the non-farm payrolls should traditionally concern the conventional market, but this time the crypto circle used "empathy" to describe itself— the reason is simple, the current cryptocurrency market has fully become "Federal Reserve-ized": everything relies on data, everything bets on sentiment, and everything listens to the FOMC oracle.
The leveraged players once again demonstrated textbook-style "what it means to be a retail harvesting machine", with an upward breakthrough instantly turning into a "black house decapitation", all relying on a small macro data point. Even the ones in short positions said: "I haven't even made a move, and you all blew up yourselves?"
What about the future? Don't expect the non-farm payroll to determine the direction; the key is still whether there will be an interest rate cut in September. But if you want to survive long-term, don't leverage so much for now. After all, data is virtual, but getting liquidated hurts. #打榜优质内容#