2026-01-09 10:31:32

U.S. December employment data released, with 256,000 new non-farm jobs, far exceeding the expected 160,000. The unemployment rate remained at 4.1%. This data directly overturned market expectations of a rate cut at the end of the year, and risk assets came under pressure. Bitcoin led the decline, dropping to a low of $89,262 at one point, then rebounding slightly, currently fluctuating around $91,200. Market sentiment has clearly shifted to caution, with approximately $461 million worth of long positions liquidated across the entire network within 24 hours. The delay in rate cut expectations has prompted a reassessment of the entire crypto market.

BTC-0,33%

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FlatTax

· 01-09 11:01

Once again, employment data causes a crash. There's really nothing we can do this time. No more rate cuts, we might have to sit in the dust for several months. 89K bottomed out? Can you believe this rebound? It feels fake. $461 million liquidation... that's pretty harsh. Is this real? Is the US economy really that resilient? They're going to back down again. Let's watch the show.

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RugPullSurvivor

· 01-09 11:01

Damn, got played by the Federal Reserve again. Why is 256,000 so much? No more rate cuts, the crypto world is heading for a cold winter. 爆仓 of 4.61 billion, who was the one cutting losses this time? At 89k, I was really panicked, but luckily I got in just in time. Unemployment rate holding steady at 4.1%, is this paving the way for rate hikes? I originally wanted to buy the dip at the end of the year, but now I’ve been directly caught in the dip. It's outrageous, as soon as the data is released, the market plunges straight down. This is the true reaction of the market.

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MetaverseLandlord

· 01-09 10:59

The rate cut is gone, and I have to keep enduring... Those whose coins were liquidated are probably crying.

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PretendingToReadDocs

· 01-09 10:58

Damn, this is exactly what the Fed wants—the suppression of rate cut expectations. We're still getting beaten up.

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AllInAlice

· 01-09 10:50

Emma, once again the employment data has broken through, the rate cut dream is shattered. Disappointing, 461 million forced liquidation, another slaughter. I told you not to bottom fish long ago, now look at it. Is the 91200 level really stable? Feels like it might continue to decline. This is so damn frustrating, it's hard-won hope has been dashed again. All the bulls are getting beaten, next we’ll see how the Federal Reserve performs. Oh my god, the market’s reaction is even more exaggerated than I expected... Once this data is out, Bitcoin’s life might be over. Rate cuts are pushed back, our wealth is shrinking. Laughing to death, it’s time for revaluation again, how are the miners feeling right now?

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LiquidatedTwice

· 01-09 10:43

Here it comes again, the rate cut dream is shattered, and my leverage is also gone --- $461 million liquidation? No big deal, I contributed quite a bit by myself yesterday --- Such strong employment data, the Federal Reserve probably really won't cut rates anymore --- At 89262, I was liquidated instantly, laughed to death, is this fate --- Always believe there will be a rate cut, always get slapped in the face, should I wake up --- Forced liquidation, forced liquidation, forced liquidation, my ears are getting calloused from hearing it --- Bitcoin is still hovering around 91200, but I can never come back --- Rate cut postponed? Better to say it’s not happening at all than a delay --- The market is turning cautious, I’m heading towards bankruptcy, very reasonable --- If these data are true, don’t expect to buy the dip before the end of the year

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