Two major events
(1) On May 2, the Federal Reserve will hold a monetary policy meeting, and Powell will speak after the meeting
(2) On May 3, the super heavy non-farm data will be released
Before Powell's speech and the data is released,
because the market is panicking, there is a high probability of a fall
Whether the cryptocurrency market can reverse its decline depends on the non-farm data released on May 3!
If it is higher than expected, it is bearish, and we still have to defend 60,000
If it is lower than expected, it will challenge the previous high
If there is a big drop before the data is released, then buy some positions at the bottom
Because this impact is asymmetric, the profit and loss ratio is appropriate