Market Analysis 4.5
BTC did not rise much yesterday, and many other coins did not follow suit.
BTC pulled back today, and altcoins fell sharply again.
Last night, Kashkari of the Federal Reserve said that if inflation progress stagnates, especially if the economy remains strong, there may be no need to cut interest rates this year. Another negative statement.
This week, the remarks of Federal Reserve officials have been flooding, and hawkish remarks have gradually increased.
The reason why BTC cannot rise is mainly related to the market's expectations of the Federal Reserve's interest rate cuts.
If the non-farm data and unemployment rate are negative tonight, BTC will fall below $65,000.
Non-agricultural data: previous value 27.5, expected value 20, expected value is expected to decrease by about 30%, a bit uncertain
Exceeding expectations too much is bad news, otherwise good news
Unemployment data: previous value 3.90%, expected value 3.90%
Lower than expected (less unemployed people) is bad news, otherwise good news
Yesterday we analyzed the probability of non-agricultural data being higher than expected
Many brothers went all-in, and those with too heavy positions should change stop loss or stop loss
So make a comprehensive defense, keep bullets, and wait for the release of non-agricultural data before operating
