After the Non-Farm Payrolls were released, I instinctively

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After the Non-Farm Payrolls were released, I instinctively wanted to chase a long.
But after waiting 15 minutes,
I realized this should be the kind of data that would trigger a big rally in price—
yet it never really broke out.

Based on the data and the price action over the past two days,
I chose to short 87K.

And I successfully took profit.
In the community, I shared this in advance.
$BTC

灯塔说

The nonfarm payrolls release value deviated seriously from expectations
and is extremely bearish for the U.S. dollar.
Although expectations for further rate hikes continue to be lowered,
being far below expectations instead makes the market worry whether an economic recession is impacting things.
After a modest spike higher, the market consolidates—possibly because the market has already priced in the positive move in advance over the past two days.

If macro factors don’t cause a breakout,
then be careful: a move that keeps trying but doesn’t achieve results.

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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