The market is waiting for signals again. On the eve of the non-farm payrolls, some have already run ahead. The whole world is waiting for the U.S. non-farm data to be released at 21:30 tonight.
Gold has risen a bit, avoiding risks.
Crude oil has slipped to around $56, with demand expectations clearly not strong.
Bitcoin has dropped to 85,000.
Right now, everyone has a similar consensus. The non-farm data can be weak, but it cannot collapse. As long as there are no major surprises, even if bad news lands, the market might still catch a breath. Tonight is destined to be another sleepless night. Will it continue to explore the bottom, or will it rebound after all the bad news is out? Let's keep an eye on the market and act accordingly.
Volatility is high, but maintain a steady mindset. Risk control is always more important than betting on direction.
