Non-farm shock reversal!! Big Bitcoin and gold are changing the game!

On Friday, layered with non-farm payrolls, the market is never short of opportunities—what’s missing is precise direction.

The non-farm night is often a time for reshuffling: some people flip their positions with the trend, while others get deeply trapped against the trend. Don’t chase rallies or sell-offs, don’t get led astray by emotions—just follow the logic of the main players.

As for the news tonight! I’m watching Kong! Pay attention! I’m only referring to this news—there are a few reasons!

First, ADP has turned red. With 109,000 new jobs in April far exceeding expectations and hitting a 15-month high. The smaller non-farm beat expectations, and the bigger non-farm will most likely not disappoint either. Strong employment—no hope for rate cuts—bearish.

Second, Big Bitcoin has already broken below 80,000, and is currently around 79,400. Escalation of the conflict in the Strait of Hormuz has boosted risk-avoidance sentiment to the max, putting pressure on risk assets.

Third, the profit-taking is concentrated. After rebounding 37% from the April lows to 82,500, on May 4 alone, 14,600 BTC was cashed out in a single day, the highest since December last year.

Unless the non-farm data comes in unexpectedly cold—below 50,000—Big Bitcoin will continue to search for a bottom around 78,000-78,800. If you want to buy the dip, wait until it holds steady.
$BTC $ETH #比特币跌破8万美元 #美伊冲突再升级 #油价过山车