The key is the “Big Non-Farm” on Friday
• If the Big Non-Farm data is in line with expectations or weak, the expectations for interest rate cuts will be further strengthened, and the market may experience stronger volatility.
• Once the interest rate cut expectations are fully digested by the market, cryptocurrencies like Bitcoin may see a short-term surge driven by sentiment.
Short-term strategy:
1. Maintain a light position and observe before data release, avoiding entering too early.
2. If the data is below expectations, watch for long opportunities in Bitcoin in the short term.
Impact of Trump’s presidency on cryptocurrency
Although Trump is not interested in cryptocurrency, his policies may have an impact in the following areas:
1. Regulatory easing: This may promote more lenient cryptocurrency policies, attracting more capital inflows.
2. Market openness: Reducing intervention in innovative areas, aiding the development of the crypto ecosystem.
Long-term outlook: The policies of the Trump era may provide long-term support for the crypto market, but it will take time to ferment, and it is not advisable to be overly optimistic about policy dividends in the short term.
Layout recommendations
1. Short-term: Focus on both large and small non-farm data and market reactions, choose to operate in line with the trend, and strictly set take-profit and stop-loss levels.
2. Medium to long-term: Pay attention to the direction of Trump’s policies, accumulate potential coins at lower prices, and prepare for the next market recovery.
Be prudent, while seizing opportunities, also learn to avoid risks!