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Once again, Friday collides with the big non-farm—so is it bullish or bearish?
If we look purely from a technical perspective, I still lean toward a pullback. After all, the daily chart is similar to a “Hanging Star” pattern. As for whether tonight’s big non-farm can break this pattern, we’ll have to wait and see.
As for the news side, I won’t go into too much analysis—let’s go straight to the data. April’s non-farm turned out strong, and the price rose against the trend, while this Wednesday’s small non-farm was favorable for the bullish side but didn’t really affect the trend.
This non-farm: Previous: 178K, Forecast: 62K, Released: X
If the released value ends up around 109K based on the small non-farm data, that is greater than 62K—then it means it will fall first and then rise.
If the released value is less than 62K, that would be a cold surprise—then it would be bullish.
According to Sister Ying’s prediction, the released value should be between 60K and 110K, so overall the trend is still to fall first and then rise. However, the upward move may be limited—be careful of “needle” moves!
Watchers can look to place a bullish order in the 81.5K–82K area, with the stance aligned at 2335–2360.
For the downside, you can look to place a bearish order in the 78.6K–79.2K area, with the stance aligned at 2230–2250. $BTC #比特币跌破8万美元