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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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The chairman of the U.S. SEC mentioned in the live broadcast at noon today has taken office, so coins like SOL and DOGE that may approve the Spot ETF can be purchased. Additionally, U.S. media revealed that Musk may resign from the Department of Efficiency, and there are even names mentioned to succeed Musk. Musk's resignation is favourable for both TSL and DOGE. It can be lying in ambush. Bitcoin's short-term pressure is around 91800-92000. There is a pullback risk here. The dollar is falling, and Bitcoin is seeing capital inflow. However, if Trump can't get to Powell, the pace of the dollar's decline will slow down, and Bitcoin will also struggle to rise. Do you think Trump can manage to get Powell out? I don't think so, so 92000 is a significant barrier.