Non-Farm Night: Who Will Dominate the Bull and Bear Show

Tonight's major Non-Farm Payrolls data release is imminent, marking a critical moment to gauge the Federal Reserve's policy direction and a watershed for the short-term trend of the crypto market.

From the current market situation, the fear index has already surged to extreme levels. Coupled with ongoing liquidity shortages, this clash between extreme sentiment and fundamentals often leads to unpredictable market movements.

Based on macroeconomic data expectations, the Non-Farm report is more likely to be interpreted as bullish. However, there is a key point—short-term market sentiment drivers are more influential than the data itself.

How to operate specifically? My view is this: the market is likely to first surge higher to test resistance, then turn downward. Considering the previous volatility uncertainties, the safest approach is to stay on the sidelines and wait for the trend to become clearer before considering entering positions.

As for precise entry points, stop-loss settings, and other details, these should be adjusted flexibly according to real-time movements. The key is to avoid chasing highs and selling lows; risk management always comes first.