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Market opens on Monday, and the crypto world is likely to be wiped out.
All current news is bearish—just waiting for the market to dump at the Monday open.
The US and Israel directly bombed Iran’s Kharaaj Bridge, Brent crude surged to 141.37 USD, hitting the highest level since 2008. WTI is up more than 15% intraday. When oil prices explode like this, inflation gets essentially nailed in place. The Federal Reserve cutting rates is completely out of the question now, and all risk assets have to be roasted over a fire.
Yesterday the Non-Farm Payrolls data came out. The expectation was 60,000 new jobs, but the result beat expectations. Rate-cut expectations instantly turned ice cold, and BTC is under pressure and may crash. Even if the data is below expectations, with oil prices exploding this hard, it still can’t hold up even a single bounce.
The worst part is: U.S. stock markets are closed for Good Friday, all traditional global markets are shut down—only the crypto market stays open 24×7. All bearish news, all volatility—everything has to be absorbed by the crypto market itself.
Now BTC has already fallen to 66,800, ETH is down 4% to 2,055, total market cap has shrunk to 2.39 trillion, and the fear index is plunging straight down. Liquidity was already fragmented, and with the oil price beatdown layered on top, non-Farm uncertainty, and the Middle East situation that could blow up at any moment, Monday’s open is a Shura battlefield where both longs and shorts get slaughtered.
Technical analysis is long useless. This is now completely driven by news. Don’t try to buy the dip, don’t hold positions blindly—keep your hands to yourself. Protect your principal—that’s the only way to stay alive.
$BTC $ETH $SOL #三月非农数据来袭 #加密市场行情震荡 #国际油价走高 #比特币矿企要闻