Tonight's non-farm payroll report has caused a lot of speculation among bloggers. I think their views are exaggerated. The market has already made a pre-emptive reaction to the decline. The non-farm payroll report determines the probability of a rate hike in January, and the December 18th meeting itself has already signaled the expectation of no rate hike in January. The recent adjustment in the market is just a manifestation of this expectation, and it has been largely digested by the market. Therefore, the expectation of no rate hike is already established, and the market reaction caused by tonight's non-farm payroll report may not be as exaggerated as some believe.

Once vigorous, then weakened, and finally exhausted. The US stock market was closed yesterday, and the rebound last night was a natural resistance from the bulls in the Asian market. BTC daily chart has three consecutive declines, so a rebound is necessary, and this rebound must be accompanied by volume. Therefore, tonight we need to bet on the rebound instead of continuing to short (at a low position). The price pulling back to 9.5-9.6k today is expected.