Analyst: Pay attention to the US non-farm and surplus data next Friday. The market currently has little expectation of future volatility for Bitcoin

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PANews
04-27
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PANews reported on April 27 that Adam, a macro researcher at Greeks.live, said on X platform that the most important thing next week (4/28-5/2) is the non-farm payrolls and surplus data on Friday. During the first three months of Trump's term, the US economy and trade were severely impacted, and the US stock market has been relatively weak. However, economic data has not shown a clear trend, and each major macroeconomic data point is worth paying attention to, to see if there might be a black swan event.

Recently, implied volatility continues to decline, especially for BTC's medium and short-term volatility, which has obviously dropped and is approaching 45%, indicating that the market does not expect significant future fluctuations. Although BTC is oscillating around $95,000, the cryptocurrency market sentiment remains low, and can only be described as slightly improved.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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