#特朗普撤销农业产品关税 is going to explode this Thursday! Two major events are colliding: the US Non-farm Payrolls (NFP) will be released, directly determining what the Fed will do next; Nvidia's earnings report is the finale, and whether tech stocks will rise depends entirely on it. Once these two data points are out, the flow of funds will basically be decided.

What is the ideal scenario? US Non-farm Payrolls (NFP) falling short of expectations (which means less pressure for interest rate hikes), and Nvidia's earnings report exceeding expectations (indicating that the tech sector still has potential). If these two come together, risk assets may rebound in the short term. $BTC might just stabilize the current position and take a breather.
But don't be too happy too soon. Even if both of these data are strong, it won't change the current trend - the bears are still in control.
You can tell by looking at the recent performance of $BTC. After rebounding from that point at 1011, it has been gradually declining. The trading volume is decreasing, and each rebound is weaker than the last, which is a typical characteristic of the end of a bull market. The funds in the market are now fully in risk-off mode. What is the so-called "rebound expectation"? To put it bluntly, it is just a technical correction in a bearish trend, not a real reversal. This wave of decline has not yet reached its bottom, and winter is still long.
How to operate? My suggestion is to take a wait-and-see approach and definitely do not heavily bet on the direction.
If the data is indeed favorable, pushing $BTC to rebound, you can try a light short position near the short-term resistance level; if the data is unfavorable and breaks down directly, be sure to hold back and don't try to catch the bottom. Wait until the bottom signal is really clear before making a move. $ETH and $BNB follow the same logic, now is not the time to go all in.