A big deal has happened! Yesterday's non-farm payroll data has ignited the cryptocurrency market! The potential impact is huge? What are the main players doing?
I quote a famous person's words: "Nonsense!"
The non-farm data is the hottest topic within 24 hours, many people are talking grandly, and a set of fake and vague logic has completely confused everyone. Objectively speaking, the short-term impact of non-farm data on cryptocurrency prices can be ignored; I believe the weight is below 10%.
1. I really don't want to join this kind of excitement; I might as well pause for a day and then write! Many people completely do not understand the core factors affecting cryptocurrency prices; they ramble on whatever the topic is. I was the first on the entire internet to tell everyone that the release of significant data in the cryptocurrency market is nonsense, and everyone can completely ignore the impact! After the ETF approval and Wall Street's intervention a year ago, I quickly captured this change in the market.
2. Regarding the judgment of significant data release days, everyone can verify my previous predictions and the subsequent market trends; all have been validated by the market and recognized by knowledgeable old fans! Articles from April 4, April 1, March 12, March 7, and February 12 are welcome for review.
3. Currently, the main factors affecting cryptocurrency prices are three directions: Trump, Powell, and main players building positions. (This week’s US stock earnings week has a slight impact.)
Trump calls for interest rate cuts every day, while the forces behind Powell support him in hard resistance, so his press conference on May 8 is very important. And yesterday's non-farm data had no impact on the market; everyone must not be misled by the rhythm. If you cannot understand the main contradictions in the cryptocurrency market right now, you will absolutely pay countless tuition fees to the big players!
4. From the data perspective, the main players are currently taking no action, which also serves as indirect proof.
