#美股2026展望 The US Non-farm Payrolls (NFP) for September has just been released. On the surface, the new jobs added exceeded expectations, but if you look at the details, you will find that the employment data for August has been quietly revised to a negative growth, and the unemployment rate has risen instead of falling, heading straight to 4.4%.

What does this indicate? Beneath the glamorous surface of the labor market, it has long started to wobble. AI is encroaching on basic positions, and fresh graduates are facing increasingly stiff competition for jobs; coupled with Trump's trade policies, which make companies weigh their hiring costs, the demand for recruitment naturally shrinks.

**How will the market react?**
When data conflicts, it is often a precursor to a turning point. If employment continues to be weak, the Federal Reserve will likely have to consider lowering interest rates to support the economy - but what does lowering interest rates mean? Liquidity will be injected, and funds will frantically seek high-yield targets, and risk assets like Bitcoin and Ethereum will inevitably benefit.

**Response Strategies for Ordinary Investors:**
• Don't be fooled by the appearance of "employment rise"; the real signs of weakness are hidden in the unemployment rate and data revisions. It is now time to gradually allocate mainstream coins like $BTC and $ETH, which have strong safe-haven properties.
• Keep a close eye on the Federal Reserve's subsequent statements. If Powell starts to sound dovish, there will be explosive opportunities for AI sector tokens (such as RNDR, FET) and the Memecoin sector;
• The volatility during the data contradiction period can be very severe, and leveraged players are easily liquidated. At such times, holding spot is the way to go.

The game behind the US Non-farm Payrolls (NFP) has just begun. Once the interest rate cut expectations are fulfilled, the crypto market will welcome a new round of liquidity frenzy.