"16-02 Point, Live Trading" 8:30 PM Non-Farm Payrolls, 10:00 PM Inflation Data, 12:00 AM Trump Speech, Expected to continue falling today!


Market Outlook - May 8
1. Market Review $BTC $ETH
1. Last night, Bitcoin and Ethereum continued to decline, confirming a short-term top.
① Wednesday 8:15 PM US ADP employment data exceeded expectations, bearish sentiment persists;
② Last night at 11 PM, US inflation expectations rose; both factors suppressed rate cut expectations
③ Recent weeks' gains have been large, and bullish profit-taking has caused a sell-off
2. Today's Expectations and Important Events
1. Mainly expected to decline.
① Bitcoin expected to range between 80,000-78,000; Ethereum expected to range between 2,300-2,200
② 8:30 PM US Non-Farm Payrolls / Unemployment Rate
③ 10:00 PM US May Inflation Expectations
④ 12:00 AM Trump Speech
3. Trading Strategy and Mid-term Outlook
1. Focus on short positions.
2. Potential bearish factors include Friday’s Non-Farm Payrolls and Middle East situation changes.
① If ADP employment data exceeds expectations, Friday’s Non-Farm Payrolls could also be bearish, so caution is needed.
② Although tensions with Iran have eased, reports suggest Israel’s ammunition replenishment is nearing completion, and the possibility of renewed conflict remains. This is a potential bearish factor.
‍$ETH#
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