#2月非农意外负增长 #2月非农意外负增长 Non-farm payrolls show positive signs, but the larger non-farm data goes against the trend. February non-farm employment unexpectedly turned negative: seasonally adjusted non-farm employment decreased by 92,000, sharply contrasting with the market expectation of a 59,000 increase. Meanwhile, the unemployment rate rose to 4.4%, up from the previous 4.3%. Over the past period, the market has repeatedly accepted the official narrative that the "labor market is stabilizing and a soft landing is possible," but this data directly challenges that view. For the crypto market, the real key issue is not this "surprise" itself, but how this macroeconomic surprise will reshape liquidity expectations over the coming quarters and thus alter the pricing logic of high-risk assets like Bitcoin.

Daily BTC shows two consecutive down days, with the price halted at the 20-day moving average. The KDJ indicator's three lines are high and turning downward to form a death cross, while the MACD lines are moving upward. Trading volume has slightly decreased, and the overall trend is bearish. Therefore, the intraday strategy remains to rebound and short! Continue to short on BTC rebounds from 69,500 to 70,000. Conservative traders can enter at 70,500-71,000, with a stop around 71,500. Target prices are around 68,500-68,000, with a break below targeting 67,000-66,500. If the level breaks further, move stops accordingly to lock in profits based on market conditions!