Monday Crypto Market Opening Warning: Multiple Negative Factors Converge, Bloodbath Imminent

Over the weekend, global markets were flooded with negative news, and the cryptocurrency market is highly likely to experience a brutal bloodbath on Monday, with a sharp sell-off almost a certainty at opening.

The situation in the Middle East suddenly escalated, with the US and Israel attacking Iran's Karaj Bridge. Brent crude oil soared to $141.37, hitting a new high since 2008, and WTI crude oil surged over 15% intraday. The spike in oil prices directly locks in global inflation, making Fed rate cuts completely hopeless. All risk assets will face sell-offs, with the crypto market bearing the brunt.

Non-farm payroll data significantly exceeded expectations, crushing the last hope for rate cuts. BTC has already been under pressure and trending downward. Even if the data falls short of expectations, the inflation pressure from soaring oil prices leaves the market with no rebound.

More critically, Good Friday sees traditional markets worldwide closed, while the crypto market operates 24/7. All negative news and volatility are absorbed solely by the crypto space, with no buffer.

Market sentiment has already turned panicked, with Bitcoin dropping to $66,800, ETH plunging 4% to $2,055, and the total market cap shrinking to $2.39 trillion. The fear index has plummeted. Liquidity is already scarce, and with the triple impact of oil prices, non-farm data, and geopolitical tensions, Monday’s opening will undoubtedly be a battlefield of both longs and shorts.

Currently, the market is entirely driven by news, with technical analysis completely invalidated. Remember, do not chase bottoms or hold onto positions blindly—control your hands! The only priority now is to protect your principal! #三月非农数据来袭 $BTC