Guys!



Just looked at the chart, $BTC ‌ directly hit 61300👀! Pulled up from 58200 in one day, that speed is something.

Non-farm payroll data is coming out at 8:30 PM tonight, with market expectations of around 110k new jobs.

Yesterday's ADP was already weak. If tonight's data also misses expectations, Warsh's statement that "inflation risks have decreased" might really be priced in by the market.

From a technical perspective, RSI6 has surged above 70, it's indeed a bit overheated in the short term. The upper Bollinger Band is around 61457, exactly the current resistance level. The MACD golden cross continues, bulls are temporarily dominant, but you need to be cautious about chasing highs at this level.

The key is to see how tonight's data turns out.

Weak data → lower rate hike expectations → positive for risk assets;

Strong data → might get hammered again.

The script is set, everyone figure it out for yourselves.
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BTC2.59%
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TalkingAboutMemeAsTheCoinMakes
· 8h ago
All in one hand 🤑
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TalkingAboutMemeAsTheCoinMakes
· 8h ago
buy the dip and enter 😎
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TalkingAboutMemeAsTheCoinMakes
· 8h ago
Hurry up and get in! 🚗
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TalkingAboutMemeAsTheCoinMakes
· 8h ago
Justgoforit👊
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