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The non farm payroll at 20:30 tonight can be said to determine the market situation for the next half month. Now gold is around $4330 and Bitcoin is around $65000, and the market is holding its breath
The current market expectation is that non-agricultural employment will increase by 180000 to 200000 people. If the actual data drops significantly below this number, gold and cryptocurrency will skyrocket; Conversely, if the data is very hot, it may experience a significant drop. Now it's up to whoever surrenders first
Looking at the cryptocurrency circle again, Bitcoin failed to break through $65000 several times yesterday, indicating heavy selling pressure above and insufficient short-term upward momentum. Now we can only see if tonight's non farm payroll data at 20:30 can bring new stimulation.
In terms of operation, tonight is a non farm night and the fluctuations will be very intense. The safest strategy is to take a light or even short position and wait, set a stop loss, and don't guess the direction blindly before the data is released. After the data comes out and the market chooses a clear direction, follow up on the right side and put the money when the certainty is higher.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
