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Tonight at 8:30, Non-Farm Payrolls will be announced
Currently, Bitcoin has been falling for five consecutive days, with over 85k in long positions being liquidated, and the market is very fragile. There are three possible scenarios for tonight's data: significantly stronger than expected (>85k) → increased expectations of rate hikes, bearish; in line with expectations → continued decline; clearly weaker (<70k) → this is the most complicated because poor employment data doesn't necessarily mean good news—if the market fears recession, funds might actually flee Bitcoin. I'm a bit worried that "bad news is being treated as bad news."
My personal judgment is that the small non-farm payrolls have already exceeded expectations, and there's a relatively high chance of a stronger-than-expected report tonight. #分享美股交易赢英伟达股票