Don't forget the interest rate decision on the 8th - it's equally crucial!
Last Friday's non-farm payroll data only increased by 12,000, the lowest level since 2020. Given the current economic situation, a 25 basis point rate cut has almost become a certainty, and the rate cut cycle will continue. The market is flush with cash, and everyone is looking for investment opportunities, with cryptocurrencies undoubtedly being one of the hottest choices. Short-term volatility is inevitable, and everyone must be mentally prepared and not panic during market adjustments.
The most critical thing is still to control position risk, manage positions reasonably, and prepare for the next wave of increases!
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