The non-farm data is bearish, and the market has not fallen much. Even if it falls in the evening, it will only be around 53,000. As I expected, the big drop during the day is that the non-farm data has to be released in advance.

Let's talk about the non-farm data. The expectation is only 19. The Americans put pressure on this number to be low enough, just to announce the value in the evening that is greater than expected, which is bearish for BTC. What a disgusting operation. Let's take a look at the unemployment rate. It exceeded expectations, which is consistent with the remarks of Federal Reserve Chairman Powell this week, and the labor force has weakened. The unemployment rate is very high now, and the US dollar has raised interest rates, and capital inflows into the US stock market have risen sharply. It stands to reason that companies need labor, so why is it weakening. It can be seen from all these that the non-farm data has been manipulated. The United States is now in a trend of economic recession, and the US stock bubble has formed. The bull is still there. Now it depends on whether the Biden administration will do whatever it takes for his election without considering people's livelihood, or finally compromise.

I am still optimistic that the Fed's interest rate cut will move forward quietly.