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The negative impact of non-agricultural data (in the cryptocurrency circle) has been realized, and the actual value is still much higher than market expectations;
I have predicted negative impacts on non-agricultural data and CPI in the past few days. The Fed has raised interest rates by 50 basis points. The first negative impact has come out;
The long-term bearish fundamentals are unlikely to change, and I will be pessimistic about the currency price in the future;
It is normal for the negative impact of non-agricultural data to rebound in the short term, and be prepared for high altitude in the future!
#crypto2023 #BTC #ETH #Binance
I have predicted negative impacts on non-agricultural data and CPI in the past few days. The Fed has raised interest rates by 50 basis points. The first negative impact has come out;
The long-term bearish fundamentals are unlikely to change, and I will be pessimistic about the currency price in the future;
It is normal for the negative impact of non-agricultural data to rebound in the short term, and be prepared for high altitude in the future!
#crypto2023 #BTC #ETH #Binance
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The price has now fallen to 20,000, and the short sellers have achieved a staged victory.
As a reminder, I personally think that the CPI will fall before the February 14th. At least before the non-farm payrolls tonight, it is recommended not to go long easily. It is better to go short with the trend!
With the support of ADP, the non-agricultural data has a greater probability of being negative, and the probability of causing CPI to increase (negative) is also high. Once double negative occurs, double 50 interest rate hikes in March and May will become a possibility;
If non-agricultural profits and CPI are positive, the market will think that double 25 interest rate hikes in March and May are more likely, and there will be a chance for a big rebound;
All in all, wait for non-farm payrolls first, the market is currently panicking, and I’m afraid the Fed will be there for a long time! (Yesterday’s video explained it very clearly)
There is nothing wrong with following Lao Yang’s idea of short selling!
#BTC #crypto2023
As a reminder, I personally think that the CPI will fall before the February 14th. At least before the non-farm payrolls tonight, it is recommended not to go long easily. It is better to go short with the trend!
With the support of ADP, the non-agricultural data has a greater probability of being negative, and the probability of causing CPI to increase (negative) is also high. Once double negative occurs, double 50 interest rate hikes in March and May will become a possibility;
If non-agricultural profits and CPI are positive, the market will think that double 25 interest rate hikes in March and May are more likely, and there will be a chance for a big rebound;
All in all, wait for non-farm payrolls first, the market is currently panicking, and I’m afraid the Fed will be there for a long time! (Yesterday’s video explained it very clearly)
There is nothing wrong with following Lao Yang’s idea of short selling!
#BTC #crypto2023
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