According to @Tier1Alpha, today's US economic data revealed a wider goods trade balance deficit, aligning with expectations, and March inventories that met consensus estimates. However, the JOLTs report showed a significant miss on job openings and a higher-than-anticipated rate of job quits. Historically, markets often see an initial bounce following weaker economic data, which could influence short-term trading strategies in both equities and crypto markets. Traders should closely watch for volatility as these developments may affect risk sentiment and liquidity in the near term (source: @Tier1Alpha).