Tonight at 8:30! Nonfarm payrolls decide life or death—gold and Bitcoin are about to turn the tide!



Tonight at 20:30, the Nonfarm payrolls data is the truly super high-impact event of this week!

This Nonfarm payrolls release directly affects the Federal Reserve’s rate-cut expectations and the strength of the US dollar. Gold and Bitcoin will most likely see a trend-reversal move tonight, and the sideways consolidation pattern is about to be broken.

Three possible market outcomes—understand them in advance

✅ Nonfarm payrolls stronger than expected: Rate-cut expectations cool, the US dollar strengthens, and gold and Bitcoin both come under pressure and pull back.
✅ Nonfarm payrolls weaker than expected: The economy cools, easing expectations rise, bearish for the US dollar, bullish for gold and crypto as they rebound and repair.
✅ Data neutral: The market is torn between bulls and bears; in the short term there’s a violent shakeout, with a mix of fake and real breakouts.

Tonight is not a range-bound market—it’s a turning-point market!

Before and after the data, needle-like spikes and traps that lure both longs and shorts will be very frequent. Avoid holding a heavy position early to bet on direction. #非农 $BTC $ETH
BTC1.18%
ETH4.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
HaoKai
· 17h ago
0
Reply0
HaoKai
· 17h ago
0
Reply0
HaoKai
· 17h ago
3
Reply0
HaoKai
· 17h ago
0
Reply0
HaoKai
· 17h ago
6
Reply0
HaoKai
· 17h ago
8
Reply0
  • Pinned