Important Reminder ⚠️

There may be a significant drop tonight, be cautious with opening positions and going long today, you can short, but make sure to set take-profit and stop-loss orders.

At 8:30 PM, there will be unemployment rate and non-farm payroll data.

1. The last unemployment rate was 4.1%, anything above 4.1% this time is bearish.

2. The previous non-farm data was 25, anything below 20 this time is bearish, and the likelihood of bearish news is very high.

Moreover, there will likely be no positive news, the news is used to drive the technical decline. The reason why Bitcoin doesn't drop significantly is that it waits for the news to suddenly break through support levels and then fall to the bottom for consolidation, before rising to new highs.

For example, in a war, any slight movement can lead to a significant drop. Today's data does not look good, and there will be continued declines. Last time these two data points were poor, it caused Bitcoin to drop from 9.7 to 52000.

Pay attention to the strong risks, do not get liquidated tonight.