2026-01-09 16:24:51

Today's non-farm payroll data has been released, which is considered a somewhat positive signal for the crypto market. What does weak data imply? Simply put, it indicates that more rate cut expectations are brewing. But honestly, the strength of this positive signal is limited, so don't expect any super bullish rally.

What to really watch is the performance of the US stock market and US bonds in the evening. If the 10-year US Treasury yield drops significantly, then BTC and Ethereum are likely to rise accordingly — this is a relatively regular correlation. Falling bond yields often mean that risk assets are gaining more liquidity support.

In terms of trading strategy, a short-term approach could be to consider light long positions. But remember one thing: this is based on observing the actual performance of US Treasury yields. If US bonds rebound, the situation needs to be reassessed. The current pace is to watch, not to chase.

BTC0,07%

ETH0,24%

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DeFiGrayling

· 01-09 16:54

Weak data equals easing rate expectations; I'm very familiar with this routine, but really don't expect any big market moves. The key is the direction of U.S. Treasuries; keep a close eye on the 10-year yield, that's my trading logic. It's fine to take a light long position, but only if U.S. Treasuries are truly heading down; otherwise, I must decisively admit defeat. Right now is an observation period; I definitely won't chase high.

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BlockchainFoodie

· 01-09 16:52

tbh the real move is watching that 10yr yield, not the nfp noise itself... it's like waiting for the sourdough starter to peak before you actually bake, you know? 😏

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SolidityStruggler

· 01-09 16:37

U.S. Treasury yields are the real daddy; non-farm payrolls are not enough to quench the thirst.

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SchrodingerWallet

· 01-09 16:36

U.S. debt is the real daddy, weak non-farm data isn't even enough to drink the soup --- Another "observation"? I feel like this word has appeared a thousand times in the past two months --- Holding a small position to go long sounds right, but when the moment comes, it's a different story --- I'm really tired of hearing the keyword bond yields, it's always about it --- Expectations of rate cuts and super bullish markets, these two topics are always opposite for me --- Instead of watching U.S. bonds, it's better to go to sleep; anyway, we don't control the ups and downs --- Only brave warriors dare to chase now, I only dare to watch

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consensus_whisperer

· 01-09 16:31

It's another "can't chase," I'm tired of this saying. When the opportunity really comes, you still have to get on board. Are US Treasury yields really that magical? It just feels like an excuse. Light position long sounds good, but the problem is that with a light position, you can only make a few points. Weak non-farm payroll data = rate cut? I don't understand how this logic can so easily boost the coin price. Waiting for US debt rebound? Then I might as well just go short directly.

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GasGuzzler

· 01-09 16:31

U.S. Treasury yields are the real daddy, non-farm payrolls are just the appetizer.

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