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