# Gate.Io

💹 Has the Crypto Market Bottomed? #HasTheMarketBottomed?
Looking at the current market, major coins like BTC and ETH are still testing support levels. We’ve seen some short-term rebounds, but overall volume and sentiment suggest caution.
My view: The market might be forming a base, but confirmation is needed before aggressive buying. Personally, I’m scaling in gradually on dips, using strong support levels and monitoring key indicators like RSI and moving averages.
Risk management is crucial—never buy all at once. If the market truly bottoms, these positions will pay off in the next upward cy

#NonfarmDataBeats The latest U.S. Nonfarm Payrolls headline looks strong at first glance — 64K jobs added beating forecasts — but the details tell a more nuanced story. Unemployment ticking up to 4.6%, combined with a massive 105K downward revision for October, signals that the labor market is expanding, but clearly losing momentum.
This mix feels less like panic and more like a controlled cooldown. Wage growth is slowing, job gains are uneven, and revisions are reminding us that backward-looking data can be misleading. From a macro perspective, this fits well with the Fed’s soft landing narra

#NonfarmDataBeats
The November nonfarm payrolls data delivered a mixed but important signal. While job creation beat expectations at 64K, the rise in unemployment to 4.6% and the sharp 105K downward revision to October cannot be ignored. These revisions suggest the labor market is still growing, but at a slower and more fragile pace than headlines imply.
Rather than pointing to economic weakness, this data supports the idea of a gradual normalization. Hiring is cooling, wage pressures are easing, and excess tightness is fading — exactly the conditions the Federal Reserve has been aiming for. T

#NonfarmDataBeats The November nonfarm payrolls data delivered a mixed but important signal. While job creation beat expectations at 64K, the rise in unemployment to 4.6% and the sharp 105K downward revision to October cannot be ignored. These revisions suggest the labor market is still growing, but at a slower and more fragile pace than headlines imply.
Rather than pointing to economic weakness, this data supports the idea of a gradual normalization. Hiring is cooling, wage pressures are easing, and excess tightness is fading — exactly the conditions the Federal Reserve has been aiming for. T