6.8 Accurate Market Analysis

Good morning, brothers, hug brothers

The dog dealer launched a sneak attack at 2 am last night, and BTC plummeted

The copycats were bleeding

The core reason is that the non-agricultural employment data last night exceeded expectations

The expectation was 185,000, and the data was 272,000, which exceeded expectations by nearly 100,000

The three major U.S. stock indexes closed lower on Friday, and GameStop (GME) fell 39%

The largest drop in three years,

The retail leader, Roaring Kitty, did not save the show, and he also lost tens of millions.

What to do now?

Don't panic if you hold spot. You can consider taking 10% of the position to start bottom-fishing AR and FTM in batches. The several value coins we recommend have a chance to rise back no matter how they fall. However, brothers who hold contracts need to consider closing some positions when rebounding to lower the liquidation price. Consider that if BTC falls below $69,000, you can still withstand it without liquidation. Only when you are alive can you have a chance to make money. Investment is like this, and there are often large fluctuations. A dog dealer smashes the market, and the copycat is more than 20%. The injured brothers regrouped and summarized, and still mainly held spot. It is estimated that there will still be slight declines and fluctuations over the weekend. Last night's non-agricultural data made the expectation of interest rate cuts at least until September. There will be another CPI data release next week. Let's see if CPI can reverse the expectation of interest rate cuts.