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Tonight at 8:30 PM, the non-farm payroll data will be released. This wave can be said to directly push weekend risks to the maximum🔥
The US stock market is closed, and after the data is released, the sentiment can't be immediately released,
which means all the impact is being held back until next Monday to explode, and the volatility is likely to be even more intense then.
To put it simply, there are two scenarios:
Strong data → Cooling of rate cut expectations, crypto market under pressure
Weak data → Rising inflation concerns, sentiment remains bearish
In other words: regardless of the outcome, short-term trading is difficult.
The market is also very honest right now:
BTC is weakly oscillating around 66,800,
ETH has already fallen below the 2100 level, overall weak.
Plus the weekend's low liquidity, the market is prone to sharp rises and falls, extreme volatility.
Here's a very practical reminder for you:
Don’t rush to buy the dip, don’t force your positions, survive first and then talk. #Circle将推出cirBTC #稳定币争议升温 #GENIUS实施规则草案发布 $BTC $GT $ETH