🔥Unemployment data is coming tonight, and the cryptocurrency market's long-short game enters a critical window!!!
Attention everyone! At 8:30 PM tonight, the U.S. unemployment data will be released with great impact. After the data was announced last Thursday, market bearish sentiment was heavily released, causing long positions to suffer a significant blow, and shorts briefly took full control.
The current market has once again arrived at a critical point for long and short bets: some funds expect favorable data to drive a reversal in the market, breaking the bearish pressure; while others believe the data may trigger violent spikes, leading to a whipsaw after a long-short squeeze.
Brother K clearly indicates: the short-term impact of this data is expected to be limited, and it is advised not to blindly enter the market for now, but to remain on the sidelines. We need to wait for the data to be released and for the market's reaction to become clear before looking for trading opportunities.
I will monitor the market in real-time throughout, and once there are key changes in the market, I will synchronize signals internally at the first moment. Everyone stay steady, and avoid impulsive actions!
