$BTC market analysis, holding up! How strong is $BTC now? The big non-farm payrolls report brought a heavy bearish blow, yet $BTC just won’t go down! Many people are discussing it—does that mean it can only rise from here?
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This time the big non-farm data came in far above expectations, with employment activity surging. In theory, that is a real bearish signal, and expectations of Fed rate hikes immediately heated up. Under normal circumstances, the crypto market should have taken a hard hit. But after a brief dip, Bitcoin stabilized and stopped falling. This resilience is indeed worth paying attention to.
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The reason it has been able to withstand selling pressure is mainly because institutional ETF funds have been absorbing at the bottom, and long-term holders are reluctant to give up their positions. Market capital is also still in a tug-of-war. Even if employment is very strong, it does not mean the Fed will definitely choose to raise rates. 💥

But everyone should not jump to conclusions and assume that if it no longer falls, it will definitely surge. The battle between bulls and bears is still intense, and this kind of resilience could also be a false signal meant to lure people in. The market may at any time go through a sharp back-and-forth shakeout, specifically to flush out retail traders with large positions and high leverage. 💥

For ordinary traders like us, don’t rush in just because it looks resistant to further drops. The more grinding the market is, the more we need to stay disciplined. Keep positions light and wait and see, manage leverage carefully, and be patient until the direction truly breaks out before making a move. Don’t bet all your capital on the assumption of one-sided gains. 💥#ZEC续刷历史新高 #美国8月平均时薪同比增3.1% #美国8月新增就业16.2万近预期三倍