Non-farm data falls short of expectations, both US stocks and cryptocurrency prices plummet, medium-term short positions cash out!
Recently, strong US economic data has propelled the stock market to new highs, but yesterday's July non-farm data did not meet expectations, causing the stock market to open low and continue to fall, with the Nasdaq down over 2%;
Despite the fact that the president stated in an interview with Newsmax that he would 'not hesitate to fire Powell,' he later said that 'firing would disrupt the market,' and criticized the excessively high interest rates but felt powerless, indicating that the president cannot directly fire the Federal Reserve Chairman. The short selling strategy provided yesterday has once again been profitable!
Going forward, continue to focus on short positions, as this round of bottoming has not yet ended. Personal trading advice: 115600 is a resistance level; consider high short positions around this level, targeting 112700, 11w! $BTC
