Bitcoin is acting strangely? It plummeted last night and then surged today—what's going on? And will it continue to rise tonight? Let's take a look!

First, let's look at the sudden events that caused the price fluctuations last night and so far: 1. Last night's plunge was due to the release of the Federal Reserve minutes. Most Fed officials did not support a December rate cut, causing the probability of a December rate cut to plummet to 27%, causing Bitcoin to plunge to $88,000, and US stocks followed suit. 2. However, early this morning, Nvidia, a major US stock market player, released its earnings report and forecasts, a huge positive, effectively dispelling rumors of an AI bubble. As a result, the Nasdaq surged nearly 2% pre-market, and Bitcoin, dragged down by US stocks, jumped to the $93,000 neckline. The question now is, will it rise again tonight? Tonight, the US Department of Labor will release unemployment and employment data. The market currently expects little change from previous data, but there's a widespread belief that Trump might embellish the data tonight, slightly increasing the unemployment rate and slightly decreasing the number of employed people. This would force the Fed to cut rates due to weakening economic data. Therefore, the key focus tonight is whether the employment data will weaken slightly, which is quite likely. This would greatly benefit the Fed's interest rate cut. Bitcoin has already risen significantly in advance, and if tonight's data is positive, BTC might reach the major resistance level around 95,000. However, the main players' strong short-selling intentions are evident, increasing short-term pressure. This could push BTC back to 88,500 or even break the support level to 85,000. Tonight is a crazy Thursday, so try to observe more and trade less. Don't know how to position yourself? Follow me and find me; let's work together and I'll provide free strategy guidance!