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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
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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?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
⚠️ Note
- 🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
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Morning Analysis:
Short-term Bitcoin is fluctuating at a high position. To continue rising, a decent pullback is needed. Here, you can short against 94600, with the target still below 91600. If it forcibly pushes up to 94600 and quickly retreats, it’s a good opportunity to enter short. For medium-term positions, you can wait for a pullback on the 4-hour chart to form. If 91600 breaks, first watch for support at 90k, with lower support levels at 88900, 87500, and 85500 where you can consider setting up medium-term long positions. #BTC# #PI# #ETH#