🚨 The US employment signal has raised a "question mark", but Bitcoin remains unmoved? This is the true test of market patience!\n\nThe recently released data on initial claims for unemployment benefits in the US shows—\n209,000 people, higher than the market expectation of 205,000 people, with the previous value also revised up.\nThis indicates that the labor market is actually not weaker than expected, but rather shows slight signs of being tight. \n\nIn the macro context, this is significant:\nStronger-than-expected employment data usually weakens market expectations for a Federal Reserve interest rate cut.\nIn other words— the possibility of interest rates continuing to consolidate at high levels has been further amplified. \n\nBut what is more intriguing is not the data itself, but the market's reaction:\n\nBitcoin's price has shown almost no significant reaction.\nAfter the data was released, BTC fluctuated slightly around $88,000, but did not rise sharply nor was it scared into a sell-off. \n\nWhat does this indicate?\nIt's simple:\nWhat truly determines the market is not a single piece of data, but rather the "expectations and psychological boundaries".\n\nThe market now seems to be saying—\nThe report hitting back is not bad news\nThe linkage between stocks and bonds is unclear\nThose so-called "bullish/bearish" sentiments have been over-discussed\n\nIn this state, BTC has become a "patience tester":\nAs long as capital does not have a clear direction or intense emotions, the price will not fluctuate wildly.\nThe inability to rise is because the market is waiting for a "more certain rhythm",\nThe inability to drop indicates that "short-term panic is still being digested".\n\nTo be honest, this situation is something seasoned traders often encounter:\nBig data events themselves do not determine the market, but rather how the market interprets them.\n\nThis time, stronger employment data indicates that the labor market does not urgently need policy easing;\nIt essentially pushes back the expectations for interest rate cuts a bit further.\nAnd since the macro context is not responsive, capital naturally is not in a hurry to bet on high-volatility assets—\nBTC/crypto has become the kind of **field that requires "more critical catalysts" to truly mobilize.\n\nMore job positions ≠ Bitcoin about to explode,\nBTC is a patience game, not a fast commentary tool shouting directions every day.\n\nThis week, don't rush to focus on prices; paying attention to changes in expectations will be much more useful than watching candlestick charts.\n\n#美联储维持利率不变 #加密市场观察 #金价再冲高位 \n\n​