Tonight at 20:30, the Non-Farm Payroll data will be released - Is it a great opportunity to buy the dip, or should we cut losses in time?
I believe you all are aware of the market situation over the past few days:
The market has been oscillating downwards, with significant losses for long positions. In fact, the most severely washed-out asset is SOL, which has not generated wealth effects on-chain, internal conflicts have drained liquidity, and the ETF has been postponed to October.
As a consensus coin that is close to ETF approval, with many retail investors buying the dip, SOL is being pressured by multiple factors, including unfavorable tariffs from the knowledgeable king, month-end closing, PCE inflation warming up, and today being Black Friday.
These factors have led to a spread of panic sentiment in the market, and many retail investors have lost confidence in the market.
Impact of the Non-Farm Payroll data: If the data is favorable, there may be a continued rise over the weekend; if the data is unfavorable, the market will continue to dip.
The opinion of the Meteor is:
The best buying opportunity is in these few days; the bull market is still here, so be patient and wait for the market to reverse.
Although the spot ETF for SOL has been delayed, there is still speculation expected; a drop presents an opportunity, and spot can be accumulated in batches.
Personally, I will closely monitor tonight's data, waiting for the market to bounce back from the bottom!
If the market gives an opportunity, I will inform fans of a suitable position to make a big move. In the crypto space, if you don't have a good circle or first-hand information from the crypto world, I suggest you follow me, and I will help you get on board. Welcome to join the team!!!
