This time, the non-farm payroll data was "big thunder with little rain," spiking to 91,000 before quickly falling back. The data is hawkish, and the technical outlook remains weak, waiting for the US stock market to open. After a rebound, BTC is more likely to test lows again. It is recommended to focus on shorting after rebounds, and strictly set stop-losses for short-term or swing trades!
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This time, the non-farm payroll data was "big thunder with little rain," spiking to 91,000 before quickly falling back. The data is hawkish, and the technical outlook remains weak, waiting for the US stock market to open. After a rebound, BTC is more likely to test lows again. It is recommended to focus on shorting after rebounds, and strictly set stop-losses for short-term or swing trades!
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