Non-Farm Payroll Surprises Expectations While Small Non-Farm Goes Against the Trend, 5.2 Big Pie Midnight Thoughts

Today's non-farm data surprisingly exceeded expectations, increasing by 43,000, which is 55,000 lower than the previous value. This is positive for U.S. stocks, which opened high and then dipped before rallying. The big pie also bounced back to around 98,000, while Ethereum only rebounded to the 1870 line. Ethereum has lagged too much in this round of increase, mainly due to continuous selling by whales! They sell after big drops and also sell during rebounds! Funds have shifted to SOL and other altcoins, which is why SOL rebounded more than 50 points and increased by over 50% in this round.

From the midnight perspective, the coin price slightly rebounded after the non-farm announcement and then retreated. The entire network also reminded day traders to exit their short positions early, making a small profit! Although the non-farm data performed well, expectations for interest rate cuts have cooled. Federal Reserve officials have hinted that they are not in a hurry to cut rates until they have a clearer understanding of the current administration's impact on the economy. They are generally expected to keep the benchmark interest rate unchanged during their next meeting on May 6-7. Although the U.S. central bank is an independent institution, Trump has consistently pressured it to lower borrowing costs.

Therefore, it seems that the non-farm positive news is only short-term, and the cooling of interest rate cut expectations significantly increases the likelihood of whales taking profits later, so a short position might be attempted at midnight!

5.2 Big Pie Midnight Strategy: Aggressive traders enter at 97,800-98,300, conservative traders enter at 98,500-99,000, with a stop loss near 99,500. The target is around 97,000-96,000-95,500, with a breakdown target of around 95,000-94,000-93,500-92,700;

5.2 Ethereum Midnight Strategy: Aggressive traders short between 1,870-1,880, conservative traders enter at 1,900-1,920, with a stop loss near 1,950. The target is around 1,820-1,800, with a breakdown target of around 1,780-1,750-1,730;

The performance of U.S. stocks is too strong. As long as funds do not withdraw, it is still possible to pull back and go long. The big pie reference for entry is 95,500-95,800, with a stop loss near 95,000 and a target of around 96,500-97,000-97,300;

For Ethereum, the reference for entry is 1,750-1,780, with a stop loss near 1,720 and a target of around 1,820-1,850-1,870;

Recently, bulls have been strong, but there are no significant positive factors, mainly driven by capital, so there is a risk of selling pressure in the future. Everyone should operate cautiously, and set stop losses to prevent sudden market changes!