Market Analysis 6.8

Good morning, brothers.

The dog dealer launched a sneak attack at 2 a.m. last night, and BTC plummeted.

The copycats were bleeding (I had asked all my friends to escape at the first level at 10 o'clock last night).

The core reason is that the non-farm payroll data last night exceeded expectations.

The expectation was 185,000, and the data was 272,000, which exceeded expectations by nearly 100,000.

The three major U.S. stock indexes closed lower on Friday, and GameStop (GME) fell 39%.

It was the largest drop in three years.

The retail investor leader, Roaring Kitty, could not save the situation by doing a live show.

I also lost tens of millions.

What should I do now?

Don't panic if you hold spot. You can consider taking 10% of the position to start bottom-fishing AR and FTM in batches. The several value coins we recommend have a chance to rise back no matter how they fall. However, brothers who hold contracts need to consider closing some positions when rebounding to lower the liquidation price. Consider that if BTC falls below $69,000, you can still withstand it without liquidation. Only by being alive can you have a chance to make money. Investment is like this, and there are often large fluctuations. A dog dealer smashes the market, and the Shanzhai plug-in is more than 20%. The injured brothers regrouped and summarized, and still mainly held spot. It is estimated that there will be a slight decline and fluctuation over the weekend. Last night's non-agricultural data made the expectation of interest rate cut at least until September. There will be another CPI data release next week. Let's see if CPI can reverse the expectation of interest rate cut. #BTC #ETH #内容挖矿 $BTC $ETH