Tonight's non-farm data is already bearish, but the volatility isn't that large, indicating that everyone is waiting for next week's CPI data.
Let me tell you about the CPI data: if it far exceeds expectations, the cryptocurrency market will face a significant drop; if it is below expectations, Bitcoin will have a big rebound; if it meets expectations, it will continue to fluctuate. Therefore, next week's CPI data will determine whether the Federal Reserve will cut interest rates and whether the rate cuts will be postponed $BTC
The strategy remains the same: high short.
Let me tell you about the CPI data: if it far exceeds expectations, the cryptocurrency market will face a significant drop; if it is below expectations, Bitcoin will have a big rebound; if it meets expectations, it will continue to fluctuate. Therefore, next week's CPI data will determine whether the Federal Reserve will cut interest rates and whether the rate cuts will be postponed $BTC
The strategy remains the same: high short.