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$ETH Wake up, don’t be fooled into buying on small pullbacks!
Based on tonight’s non-farm payroll data, this employment report is likely to reinforce the Federal Reserve’s hawkish stance, delaying the rate cut process. The US dollar index may strengthen as a result, putting pressure on global risk assets.
Combined with ETH’s own weak bullish momentum, continuous outflows of spot ETF funds, and non-farm payrolls easily triggering a stampede-like sell-off.
Currently, the market remains under pressure at high levels, and the main strategy is still to go short! #美伊冲突再升级