The non-farm payroll night is approaching, Bitcoin at 121,000 points may be the peak of this round of market, the "plummet"行情 is ready, aiming at the 115,000 points support level.

This week, the market continued to warm up, and Bitcoin experienced high-level fluctuations after a surge of ten thousand points, with no signs of a short-term decline. The structural reversal has left the bears feeling "pain to the marrow." However, tonight's non-farm payroll data will be a key turning point; whether the bears can turn the tide will depend entirely on this battle.
Looking back at the non-farm data for August 2025: new jobs added were only 22,000, far below the expected 75,000, and the unemployment rate rose to 4.3% (the highest since November 2021), coupled with an annual data revision down by 911,000, signaling a clear cooling in the job market. The data directly triggered a chain reaction—the Federal Reserve cut interest rates by 25 basis points in September, shifting to "stabilize employment," and the market began recession trading, with gold rising, U.S. Treasury yields falling, and U.S. stocks opening high before retreating, while Bitcoin also saw a significant drop alongside the market.
The current non-farm payroll forecast is an increase of 50,000 jobs and an unemployment rate of 4.3%. If the published results exceed expectations, Bitcoin may face a significant drop tonight. #非农数据来袭