US economic data disappoints again, leaving the crypto market in a state of flux. A complete analysis of short-term, medium-term, and long-term trends.
Compiled by Tim, PANews
Many people must be wondering whether the current trend of the crypto market is a fluctuation before breaking through new highs, or a signal that the market has reached its peak?
In reality, it’s not that simple. The short, medium, and long term scenarios can look very different.
I will provide a comprehensive analysis of BTC, ETH, and altcoins before they enter each stage:
Now let’s get straight to the point: the next few months will determine how this cycle plays out, and I think this tweet is worth revisiting.
Let’s start with what’s happening now.
Data last Friday showed the unemployment rate climbed to 4.3%, the highest level since 2021.
Nonfarm payrolls showed just 22,000 jobs…
