#密码资产动态追踪 The US unemployment rate in November broke through 4.6%, up 0.4 percentage points year-on-year. This seemingly insignificant data actually sounds the alarm for an economic slowdown.

Why should we pay attention? Unemployment data is an important reference for Federal Reserve decision-making. Once the job market weakens, the room for rate cuts opens up. The market is now generally betting that the era of high interest rates is coming to an end, and a new round of liquidity release may be just around the corner.

Historical patterns are interesting. Every time a rate cut cycle begins, risk assets tend to rebound. Mainstream cryptocurrencies like Bitcoin and Ethereum are usually the first to respond. In a low-interest-rate environment, funds spill out of the bond market, some of which flow into cryptocurrencies.

Currently, market sentiment is quietly shifting. Institutions and smart money have already started to position themselves in advance. This seemingly calm situation often precedes a major move. Is your holding strategy already prepared for a possible change in market direction?