Tonight at 20:30, the Non-Farm Payrolls data will be released—will both bulls and bears get hit? $BTC $ETH

Xue Jie thinks tonight’s Non-Farm Payrolls data is most likely good for the market, but after a run up, it will very likely trigger a sell-off—meaning: first it rises, then it falls!

Also, the drop from this sell-off won’t be small. Most people should prepare their long positions for a potential bull trap and a spike that will be “washed out.” As for the specific entry and exit levels, Xue Jie will update them a bit later in the post. The forum may have some delay; messages are prioritized elsewhere! 🤫🤫🤫 #US Initial Jobless Claims Rise to 206,000