After Bitcoin fell below 80k, I realized the market was already starting to act up

In the past, when BTC plummeted, people would say:
"Just a normal correction."
Now when BTC drops, the comment section is all asking:
"Is the Third World War coming?"
I have to say, market sentiment is indeed becoming more sensitive.
After the US confirmed intercepting an Iranian attack, global funds immediately moved into safe-haven assets.
And BTC, as a highly volatile asset, was naturally the first to be cut.
But the real issue is actually:
The market is now too dependent on rate cuts.
Over the past year, the core logic behind the rise of risk assets has been:
"Liquidity will become more relaxed in the future."
But once Middle East conflicts push oil prices higher, the Federal Reserve will become more cautious.
So the market starts to fear:
Will rate cuts be delayed again?
At this point, tonight’s non-farm payroll report becomes especially critical.
If employment data continues to be hot, the Fed will have every reason to delay further.
BTC will face continued short-term pressure.
But if the data cools down, the market will instantly reignite hope.
So tonight, a classic scenario is likely to happen again:
Before the data is released, everyone shouts bearish;
After the data is released, the bears are immediately lifted away.
After all, the market now is best at:
Dealing with all kinds of dissent. #比特币跌破8万美元