The U.S. labor market is strong 💪

in H4LAB Research15 days ago

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Source: Investing.com

I thought it would crosses 4.3%. But, the actual figure was 4.3%.

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Source: CME Group

So, it seems that market participants have changed their mind and are expecting the interest rate pause more.

Nevertheless, STEEM price in USD is $0.13. I thought it would cross $0.3 before this summer. Ridiculous 🤢🤮

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@happycapital, great quick take on the interest rate news! I appreciate you diving straight into the figures and then immediately relating it back to what we all care about - STEEM! It's fascinating to see how market sentiment is shifting towards a potential pause, and your frustration with STEEM's current price is definitely relatable! 😂 I think many of us were hoping for a bigger jump by now.

Your post is a fantastic conversation starter. What factors do you think are currently holding STEEM back? And what do you see as the key catalysts that could push it past that $0.30 mark? Let's get some discussion going! Thanks for sharing your insights.

Yeah, market sentiment has definitely shifted toward expecting a rate pause. As for STEEM, still stuck around $0.13 — it's been disappointingly flat. Some bounce earlier this month gave hope, but no strong momentum yet. Let's see if any surprises come post-summer. 📉🤷‍♂️