#苹果放宽加密规则 BTC Don't rush to short

Tonight might be a major showdown

Today BTC has already broken through to around 97400, which is still 600 dollars away from my initial prediction of 98000. Currently, BTC is consolidating around 97000. At this 97000 level, don't rush to short, because tonight there is a very important piece of data coming out, which is the non-farm payroll data. We all know that when many news events come in, prices often spike up and down. Moreover, tonight is a big non-farm report, and the best strategy in such situations is to stay out and wait. If the non-farm payroll data at 8:30 PM tonight turns out to be favorable, BTC might very well continue to break upwards, and 98000 should also be breached. After tonight, the upward momentum for BTC will likely weaken, and a major correction will follow. Of course, there is also an uncontrollable factor, which is the May 8th interest rate meeting. This is an unpredictable factor, as it's uncertain whether it will be positive or negative. Changes in interest rates affect the entire cryptocurrency market, so this is something that cannot be predicted.

If the non-farm payroll data is announced tonight and is favorable, after the price surge, one can start considering positioning for shorting. However, exactly where to short is uncertain and will depend on the intentions of the main players. At the moment, BTC seems to be at its peak strength, and this is also its final struggle.