Hold your breath and focus your mind; the market is quietly waiting for the data to land.
The Non-Farm Payrolls report is coming up soon. Right now, everything is ranging sideways, and nobody can clearly tell the direction. I think the most likely scenario is first a drop and then a rebound. Before the data is released, funds will likely flee to the sidelines and wait for the news to land.
Once the direction is clear—even if it turns out to be bearish—the market already has defensive expectations in place. Most likely it will recover. If it’s bullish, the direction will be clear for October: market optimism will increase, and large amounts of capital will rush in.
Let’s wait quietly for the news and be ready with the defensive levels: $BTC #XRP三季度首现连续三月收涨
The Non-Farm Payrolls report is coming up soon. Right now, everything is ranging sideways, and nobody can clearly tell the direction. I think the most likely scenario is first a drop and then a rebound. Before the data is released, funds will likely flee to the sidelines and wait for the news to land.
Once the direction is clear—even if it turns out to be bearish—the market already has defensive expectations in place. Most likely it will recover. If it’s bullish, the direction will be clear for October: market optimism will increase, and large amounts of capital will rush in.
Let’s wait quietly for the news and be ready with the defensive levels: $BTC #XRP三季度首现连续三月收涨