Data has not yet been released, Powell has not yet spoken, why is the market starting to fall

There are two and a half hours left until the US April retail sales report, and the unemployment claims for the beginning of the week are announced, and there are two hours and forty minutes until Powell's speech. The market expects the data to remain stable compared to last month, but we need to wait for the results after the announcement. We must remain vigilant against the risk of results falling short of expectations.

Why has the market already started to decline before the data is released, with 275 million USD liquidated in the last 24 hours, primarily affecting long positions?

Bitcoin's recent performance is frighteningly strong, it's almost becoming a stablecoin, fluctuating around 100K-105K, consolidating at high levels. Is this a sign that a big move to reach new highs is coming?

Currently, the upward trend has been broken, but no lower lows have appeared. We need new positive factors to break the deadlock. Will today's events be a catalyst for Bitcoin's explosive rise?

Just now, on the first day of nxpc's launch, there was a short-term surge of over 3000%, with high community engagement and airdrop activities further boosting speculative enthusiasm.

When the data is released along with the Federal Reserve's speech, the market is bound to experience violent fluctuations. What are you hesitating for in your layout?