The violent fluctuations in the market this time once again highlight the strong resistance of BTC to decline.
From the four-hour chart, BTC has a rebound demand. If the rebound continues until the evening data is released and continues to rise, then the non-agricultural data may bring good news.
The main institutions usually get important news in advance, so there will often be a pin market before and after the release of non-agricultural data.
If the data is positive, the price may fall first and then rebound; if the data is unfavorable, the opposite may occur.
Therefore, the operation suggestion tonight is: try to pick up the pin at a low level, hold if you succeed, and wait and see if you fail.
Usually, the market fluctuations of large non-agricultural data will be more violent than those of small non-agricultural data.
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