US Non-farm Payrolls (NFP) are coming tonight! Analysis: Bitcoin is severely Oversold, a weak labor market may lead to a Rebound in Crypto Assets.

With the release of Trump's tariffs, the cryptocurrency market has been hit by the stock market. However, the CryptoQuant analysis pointed out that the current market price has almost digested the negative impact of the tariffs, and traders are starting to focus on this (4) night's US non-farm payrolls, as well as the Fed's potential interest rate cut action. (Summary: JPMorgan Chase warns of "Trump tariff risk": the probability of global recession increases to 60%, US inflation will get out of control) (Background supplement: US PCE "inflation heats up" Fed interest rate cut in February may wait, U.S. stocks closed black, bitcoin risked 84,000) US President Trump launched a tariff policy yesterday (3) caused global turmoil, the stock market was bloodwashed at the same time, the cryptocurrency market was also brought down, bitcoin once fell to a minimum of $81,203 last night, and Ethereum fell to the lowest At $1,748, many investors even pessimistic asserts that Trump has opened the door to a bear market, leaving no hope. However, according to CoinDesk today (4), the current extreme market reaction to Trump's tariffs and oversold behavior has passed, and the next focus of traders now is economic data in the coming months and the position and decision of the US Federal Reserve. Focus on tonight's non-farm payrolls The report quoted a report from CryptoQuant that before Trump officially announced the tariffs, investors transferred a large number of cryptocurrencies to the exchange, including Bitcoin, ETH, XRP, etc., and combined with the decline in the market after the announcement of the Trump tariffs, it confirms that the current investors are more inclined to take profits and close their positions in the environment of increased economic uncertainty, which has also led to a sharp decline in demand for BTC and ETH in the perpetual futures market. The report warns that the current market has almost priced in the negative impact of Trump tariffs in the short term, and a major point for traders to focus on is the upcoming US non-farm payrolls report tonight - which is related to the health of the US economy and the Federal Reserve's interest rate decision this year. QCP Capital expects four rate cuts this year As for the Fed's possible actions in response to Trump's tariffs, QCP Capital today pointed out in its official Telegram channel analysis that current investors are preparing for signs of weakness in the US labor market, and if the non-farm payrolls data is weaker than expected, it will provide further support for the Fed to cut interest rates this year. In addition, QCP Capital also pointed out that the current market expects that although the Fed has publicly stated that the pace of interest rate cuts this year will be limited, after the tariff announcement, the current market has expected that the Fed may cut interest rates four times this year, falling in June, July, September and December, each rate cut by 1 yard. Finally, the analysis also pointed out that if tonight's non-farm payrolls data is positive, it may block the downward trend of cryptocurrencies and provide impetus for bitcoin's rally. However, it is worth noting that if the NFP data does not support the US interest rate cut, perhaps the cryptocurrency market will come under selling pressure again, and investors should remain cautious. Related reports Goldman Sachs warned: the risk of recession in the United States has increased to 35%, and the Federal Reserve has cut interest rates three times this year (July, September, November) U.S. PCE "Inflation Heats Up" Fed Rate Cut May Wait, U.S. Stocks Closed Black, Bitcoin Risky 84,000 Fed Postic: This year is expected to "only 1 rate cut" tariff war hinders the effect of inflation, Trump again pressured Powell to cut interest rates (US non-farm payrolls data is coming tonight! Analysis: Bitcoin is severely oversold, labor market weakness or cryptocurrency rebound This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".