BitUnix analyst: Non farm employment data hits, crypto market will experience severe volatility, BTC long-term focus on 78K support

BlockBeats News: On April 4th, the United States will release its non farm payroll (NFP) data for March, which will become an important indicator for the market to judge the future monetary policy of the Federal Reserve. The market expects that if the data is weak, the Federal Reserve may accelerate interest rate cuts, which will benefit the cryptocurrency market; On the contrary, strong data will suppress risky assets. Expected non farm employment population of 139K people (previous value: 151K); Expected unemployment rate: 4.2% (previous value: 4.1%); Expected monthly average hourly wage increase rate: 0.4% (previous value: 0.3%). Bitunx analysts suggest that a weak job market will strengthen market expectations of a Fed rate cut this year, further enhancing market liquidity and the trend of risk assets. BTC focuses on short-term support of 80K and long-term support of 78K. Recently, the cryptocurrency market has been affected by Trump's tariff policies and expectations of a global economic slowdown, leading to increased market volatility. Investors should manage their risks well, avoid excessive heavy positions in a single direction, and make good asset allocation to avoid market risks