The recent fluctuation in the Ethereum (ETH) market has drawn attention. Some believe that lower-than-expected US Non-farm Payrolls (NFP) data can indicate a long positions market, but this oversimplified inference may mislead investors. Looking back to August 2024, the NFP data was 140,000, below the expected 160,000, yet Ethereum fell by 29% that month. This phenomenon indicates that there is no simple causal relationship between a single economic indicator and the crypto assets market.

The complexity of the market far exceeds the impact of a single data point. Short-term price fluctuations are often driven by multiple factors, including but not limited to macroeconomics, regulatory environment, technological advancements, and more. Over-reliance on a single indicator or short-term trend can lead to erroneous investment decisions.

For crypto assets investors, it is important to conduct a comprehensive analysis of the market, considering long-term trends and fundamental factors. Blindly following trends or being overly confident can both pose risks. Some investors may stick to their judgments, such as holding short positions until the end of the month, but this also requires caution, as market fluctuations are difficult to predict.

In general, the high volatility of the crypto assets market requires investors to remain clear-headed and rational. One should not be swayed by short-term data or market sentiment, but rather establish their own analytical framework to make more robust investment decisions.