Michael Hartnett, a strategist at Bank of America, said risk assets could rebound if Friday's U.S. nonfarm payrolls report is within expectations. The strategist said if the data shows the U.S. added 125,000 to 175,000 jobs last month, it would support the argument for a soft landing for the economy and keep bond yields in a range, triggering risk-on trades. Hartnett said bulls are "in control" and there are "solid signs" that China's stimulus is "working" and the Federal Reserve will ease policy more. The strategist added that if nonfarm payrolls exceed 225,000 and the unemployment rate is below 4.1%, it will push the U.S. 30-year Treasury yield above 4.5%. If it is less than 75,000 and the unemployment rate is above 4.3%, it will mean "recession." (Jinshi) #crypto2023A