#BTC The evening non-farm data determines the short-term direction of Bitcoin, so is it more likely to be bearish or bullish? The prediction leans more towards a positive outlook.

1: Expectations of rate cuts are heating up. Currently weak employment data indicates the economy is cooling down, which may cause the Federal Reserve to reconsider its stance on interest rates, increasing the likelihood of a rate cut.
2: Expectations of rate cuts usually release market liquidity, making funds more inclined to flow into the crypto market.
3: Currently, mainstream forecasts are only 62k jobs, far below the 178k jobs in March. If the data is really this poor, it could be seen as an economic slowdown, which would boost the crypto prices.
Of course, if the data unexpectedly shows strong numbers, it would be bearish. But the market, factoring in the "expectation of economic slowdown," suggests that tonight’s data will be more bullish. However, it’s important to consider that strong ADP data may lead to a short-term rebound followed by a correction. #比特币跌破8万美元