Non-farm payrolls night meets Middle East conflict! Can BTC still be salvaged?

In the past, the market only needed to worry about the Federal Reserve.
Now, it’s also paying attention to whether the Strait of Hormuz has “added more fire.”
After the US confirmed intercepting Iran’s attack, global risk assets immediately entered a defensive stance.
Many funds began to withdraw from high-volatility assets, with Bitcoin leading the charge.
Because in true panic moments, the first reaction of institutions is always:
“Reduce positions first, then think.”
So BTC fell below $80k.
But don’t worry, the market actually hasn’t fully turned bearish yet.
Because everyone is waiting for tonight’s non-farm payroll report.
Why is non-farm payroll so important?
Because it almost determines how long the Federal Reserve can keep talking tough.
If employment remains strong, it means the US economy is not in recession at all, and the Fed will continue to maintain high interest rates.
What does high interest rates mean?
A stronger dollar;
Tighter liquidity;
BTC will have a harder time.
But if the data weakens, the market will immediately enter “rate cut fantasy mode.”
Recently, Wall Street has formed a fixed pattern:
Seeing bad data — happy;
Seeing very good data — scared.
Because now, what the capital markets truly rely on is not the economy, but liquidity.
So whether BTC can stay above $80k in the short term is essentially no longer a crypto issue, but a Federal Reserve issue.
What’s even more amusing is:
In the past, the crypto world constantly talked about “decentralization”;
Now, they are daily watching Powell’s speeches.
It’s like someone who keeps shouting about losing weight,
Only to find that the most punctual thing they do every day is late-night snacks. #WCTC交易王PK