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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
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The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
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⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
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At this time, Bitcoin is at a high position, and it hasn't fallen much.
There is no signal for a trend reversal.
There has been a divergence between shorting and going long, rather than just solely shorting; now slowly some people are also going long.
To achieve a double kill in both long and short positions, we need to pump and then crash the market, which is expected to take a few more days.