Black Friday! The market has crashed, non-farm payrolls far exceeded expectations, U.S. stocks and bonds both sold off, the Nasdaq plunged over 4%, the chip index dropped 10%, precious metals and the crypto market were bloodied. Is your account okay??

After the report was released, the interest rate swap market quickly priced in a full expectation of the Fed raising interest rates by 25 basis points this year, with the probability of a rate hike at the October meeting rising to about 60%.
U.S. tech stocks all declined sharply. The Nasdaq 100 index fell about 5%, marking the largest drop since April 2025, the S&P 500 decreased by 2.6%, and the Dow Jones fell 1.3%.
A report from semiconductor research firm SemiAnalysis shows $MU dropped 13%, marking the largest single-day decline since April 2025.
$BTC has fallen a total of 16.34% over the past seven days;
$ETH has fallen a total of 19.96% over the past seven days.
Do you think this is the bottom? Clearly not, it may continue to test new lows in the short term, with a further drop of 10-20% not ruled out!
According to historical cycles, bear market bottoms usually appear 12-18 months after the peak!
Where do you think Bitcoin will bottom out???
I think the 50k-55k range could be a good level to buy in stages.