Be careful brothers, watch out for sneak attacks tonight! Going short tonight, be prepared!

This non-farm payroll data is extremely outrageous, far exceeding expectations. According to the Federal Reserve's usual firm stance, this will decrease the likelihood of rate cuts and may even increase expectations of rate hikes. Friday and Saturday were days off, so if the market moves in the next few days, a huge crash among brothers is unimaginable.
The reason for such outrageous data is partly due to previously suspended personnel returning to work. The US has been sending a signal that despite high inflation and unfavorable international situations, the US economy remains strong. Brothers and sisters protesting, stop causing trouble—you will see your hopes come true. Those internationally skeptical of the US, please open your eyes.
However, this kind of information signal from the paper data is not good news for the crypto market. The reason still relates to the expectation of rate cuts mentioned above.
As for technical analysis, in a bear flag pattern, the market will gradually rise to test the resistance above. Using the Vegas channel as a reference, it will test the midline of the fast and slow tracks. After the slow track, the market will start to weaken, with highs beginning to decline, then rebound to the midline and the fast track, eventually forming a new bearish trend.
So, whether from the new news or technical perspective, the outlook is bearish for now. Short positions are recommended. I am still holding my short orders, continue to hold, and stay firm! #Gate广场四月发帖挑战 $BTC #加密市场行情震荡