🔥🔥🔥 Tonight at 20:30, the non-farm payroll data will be released. Is it a good opportunity to bottom out, or should we cut losses and exit?
In recent market conditions, I believe everyone has felt it firsthand — the overall trend is a downward fluctuation, with frequent failures in long positions and occurrences of liquidation.
In particular, the pullback of SOL is the most obvious, with no new funds flowing into the chain and frequent internal conflicts within the team, severely impacting market confidence. At the same time, the spot ETF has been postponed until October, which has undermined many retail investors' confidence in the originally intended “bottoming out of consensus coins.”
Adding to this are the changes in “Trump's tariff policy,” the “PCE inflation data warming up,” and the end-of-month K-line closing effect, leading to an overall state of high panic in the market.
Tonight's non-farm payroll data will be a key turning point:
If the data is positive, it may boost market confidence, and we can expect a corrective rebound over the weekend.
Conversely, if the data continues to release negative signals, the market may continue to test the bottom.
For quality mainstream coins like SOL, we are currently in a value trough phase. Although the spot ETF has been delayed, speculation expectations still exist, and a significant drop may actually present a medium-term layout opportunity.
My strategy is: pay attention to tonight's data, and if the market releases signals, I will look for suitable entry points and share my trading ideas with everyone in a timely manner.
The foundation of a bull market still exists, so do not be misled by short-term fluctuations. The real bottoming opportunity often appears at the most desperate moments.
