On August 1st, data bombardment, is the meat grinder mode activated or a harbinger of sudden wealth?
Data from the European and American markets are coming in waves, it's a dense bombardment! Brother Te calculated that when the U.S. non-farm data is released, BTC will either soar or plummet. Remember: at 20:30, the U.S. unemployment rate and non-farm employment numbers are nuclear-level events! If the U.S. unemployment rate is low and employment numbers are high, for example, if non-farm jobs increase by over 200,000, it indicates a booming economy. A strong dollar could mean BTC might be crushed—because funds will flow to the dollar for safety.
Latest news: As of around 2 PM, not all European and American data has been released. But Brother Te dug into internal sources and found that the market predicts U.S. non-farm data may exceed expectations, which could trigger global panic, and BTC may plummet by 10% in the short term! The PMI results from France and Germany just came out, and Germany's PMI data is decent, while the Eurozone CPI inflation is somewhat high, causing a slight dip in BTC. Tonight at 22:00, when the U.S. ISM Manufacturing PMI is released, BTC's market could be even more explosive—good data means a celebration in the crypto world; bad data means immediate bloodshed.
Let me clarify for everyone: all data today connects to global economic sentiment. If China is good + Europe and America are stable, BTC will rocket; a single misstep could lead to a BTC crash. The latest situation shows BTC price fluctuating around 115,350, with volatility skyrocketing 20. The key point is that the market is on edge: Wall Street big shots are hinting that tonight's non-farm data could be explosive, and BTC might break through the 115,000 support. But Brother Te predicts: seize the 'window period' before and after the data!
If you don’t know what to do with the current market situation, spot planning, contract passwords, free sharing, following is better than guessing. Leave a message with 888, and I’ll help you get on shore!!!