Be cautious with U.S. employment data: Don't let "wick" wipe out your account
The market this week is fraught with many risks that traders need to be wary of. That's the situation, with the unemployment rate forecasted at 4.4% still being quite high, indicating that the U.S. economy has not truly escaped the danger zone. Reports like ADP or unemployment claims mid-week often create extremely unpleasant "sweeps" for those holding high leverage positions. #anhbacong
Additionally, the U.S. Supreme Court's ruling on tariffs is a major unknown that could cause institutional money to temporarily withdraw to observe. The fact that major central banks like the ECB are keeping interest rates unchanged also shows they are very cautious about inflation. Traders should not rush to "jump on board" right after news is released, as that is usually when "sharks" create phantom liquidity to offload their positions. It is best to stay on the sidelines and observe until the waves calm down after the Non-Farm news on Friday. Protecting capital at this time is more important than trying to ride the full wave of turbulence. $BTC
