#BTC☀

"ADP Announcement Eve — Current Trend Analysis"

The market has seen a strong rebound today, and it appears that the current trend has broken through the resistance around 87800. The upper resistance is around 92000. The intense volatility increases the risk and requires cautious handling.

The previous value of the US February ADP employment population was 18.3, while the market expectation is 14, indicating a deviation of 40,000. If tonight's data is favorable, the day's increase could be due to the early release of good news, which could lead to a situation where good news becomes bad news, increasing the risk of a pullback tonight.

If the data released is higher than expected, it would indicate that the US economy remains strong, directly affecting the Federal Reserve's interest rate adjustments on the 20th, potentially leading to a pullback.

Currently, the market is experiencing a rebound, and one should take advantage of this rebound to appropriately reduce some positions. Facing potential risks with a full position is not a wise move. Continue to pay attention to Taco, and we will investigate as soon as the data is released tonight.

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