High-level consolidation, unable to rise or fall, is there no market?

Don't panic, focus on the U.S. non-farm payroll data at 8:30 PM tonight.

Many newcomers may not know the impact of non-farm payroll data on risk investments, so let me briefly explain.

Currently, the market generally expects the U.S. job growth to be 135,000 (the previous value was 228,000).

If the data is below expectations, it may exacerbate market concerns about an economic recession and increase the likelihood of the Federal Reserve cutting interest rates, thereby driving up risk assets such as Bitcoin.

If the data is strong and above expectations, a short-term pullback is inevitable, and those who are in a short position can liquidate after the announcement $BTC .

Usually, the moment the non-farm data is released, it is accompanied by a spike phenomenon.