The March non-farm payrolls (NFP) data will be released on April 4 (Friday). This data will become an important indicator for the market to judge the Fed’s future monetary policy. The market expects that if the data is weak, the Fed may accelerate interest rate cuts, which will be good for the cryptocurrency market; conversely, strong data will suppress risky assets. The expected non-farm employment population is 139K (previous value: 151K); the expected unemployment rate is 4.2% (previous value: 4.1%); the expected monthly increase in average hourly earnings is 0.4% (previous value: 0.3%).

Bitunx analysts suggest: The weak job market will strengthen the market's expectations for the Federal Reserve to cut interest rates this year, further improving market liquidity and the trend of risky assets. BTC focuses on the short-term support of 80K and the long-term support of 78K. The recent cryptocurrency market has been affected by Trump's tariff policy and expectations of a global economic slowdown. Market volatility has intensified. Investors should do a good job of risk management, avoid over-positioning in a single direction, and do a good job of asset allocation to avoid market risks.