2025-12-24 22:20:37

It looks like beautiful data often masks a smokescreen set by the market. Last night's non-farm payroll report was even more brutal than the "long and short kill" often mentioned in the crypto circle.

As an analyst who stayed up late watching the data release, I have to say—this report is truly a paradox. On the surface, employment figures are strong, but a closer look reveals major issues.

**The surface may look glamorous, but underneath it’s hollow**

Non-farm payroll added 64,000 jobs in November, surpassing the market expectation of 45,000. As soon as the numbers were released, the market reacted immediately: US stocks fell, oil prices plummeted to their lowest since 2021. Under normal understanding, this should indicate that the economy is quite resilient.

But the problem is, this reflexive market reaction often misses the key points.

**The real details are hidden where you didn’t notice**

Peel back the "beautiful skin" of this report, and you find something else. The unemployment rate rose to 4.6%—a four-year high. The previous data was also significantly revised downward. What does this mean? It indicates that the employment market is actually weakening, not strengthening.

Smart investors won’t just look at the big numbers; what truly influences capital flows in the second half of the year are these seemingly insignificant details. Will the Federal Reserve continue its hawkish stance? The answer is hidden in these contradictory data. For risk assets like Bitcoin and Ethereum, the implications of this report are far more complex than the surface numbers.

BTC0.76%

ETH0.41%

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GasWrangler

· 20h ago

ngl, if you actually analyze the mempool on this one... the surface metrics are demonstrably misleading. unemployment at 4.6% is the real transaction data here, not that inflated 6.4k number everyone's obsessing over. technically speaking, the fed's gonna have to recalibrate their priority fees on rate hikes. btc and eth holders sleeping on the actual on-chain signal rn, fr.

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GasBandit

· 20h ago

It's the same old smoke screen, so annoying, always playing like this --- The new high in unemployment rate is indeed brutal. When data conflicts, either the Fed changes its stance or the crypto market pumps --- Staying up late to monitor reports is really crazy; it's better to sleep and make money faster --- The saying "details determine life and death" is true, but 99% of people can't see through it --- Events like non-farm payrolls are always the best opportunity for both bulls and bears to kill each other. I bet the second half of the year will continue to be tough --- Surface strength, underlying weakness—that's the real truth behind all current data --- Let's wait for the Federal Reserve's statement; guessing now is pointless --- The four-year high in unemployment rate is a signal; the crypto market should have already sensed it

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RetroHodler91

· 20h ago

It's the same old trick again, all the pitfalls behind those pretty numbers. --- The new high in unemployment rate is the real signal. Market reactions are so quick, it's really annoying. --- I understand the guys staying up late to read reports, but this time it's truly bizarre. --- So, what does the Federal Reserve really mean? Can they just give a clear answer? --- Details are everything. Crypto people have understood this for a long time. --- The description of both bullish and bearish killing each other is not an exaggeration. My leverage was directly wiped out. --- The 4.6% unemployment rate is the key. Why haven't so many people noticed? --- Surface numbers are fake; details determine life and death. This round, they’re going to cut another wave of retail investors. --- The reaction of US stocks and oil prices is really funny; they clearly didn't understand the situation. --- Adjusting the employment data up and down in a moment is just playing psychological warfare.

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SchrodingerWallet

· 21h ago

Wait a minute, the unemployment rate rises to 4.6%? This data is clearly a trap. U.S. stocks fall, oil prices drop, and our coins still have to suffer.

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ser_aped.eth

· 21h ago

The data is full of crap; a closer look reveals a bunch of contradictions. The real truth is that the unemployment rate has risen to 4.6%, and the Federal Reserve is getting nervous.

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