Bitunix Analyst: The market enters the "Data Risk Week"; after BTC rises to $80k, leverage and macro sentiment heat up simultaneously, caution is needed for bullish stampedes.

BlockBeats News, May 4th, the market has officially entered a phase of dense macro and geopolitical event intersections. U.S. non-farm payrolls, Federal Reserve officials’ remarks, U.S.-EU tariff risks, and the Strait of Hormuz situation have simultaneously become focal points for global capital. The U.S. military announced the launch of “Freedom of Action,” deploying 15,000 personnel along with naval and air forces to intervene in shipping safety in the Strait of Hormuz, while Iran warned that any interference could be considered a violation of the ceasefire, and the conflict may further escalate.

Against this backdrop, BTC continues its risk appetite recovery after the ceasefire, rising above the $80,000 round number. From the liquidation heat map, the current high-density short liquidity squeeze has occurred in the $79,500–$81,000 range above, while the $77,000–$78,000 range below serves as a short-term long defense zone, with the market entering a typical high-leverage hedging state.

It is worth noting that this week’s macro data will directly influence the U.S. dollar, U.S. Treasury yields, and overall risk asset sentiment. If non-farm payrolls and inflation expectations remain strong, market expectations for the Fed to maintain high interest rates may heat up again, further compressing risk asset valuations; conversely, if data cools down, funds may flow back into tech stocks and the crypto market.

Overall, BTC is currently not solely driven by internal crypto market sentiment but has entered a phase of “macro events + liquidity structure” joint pricing. Although short-term prices remain strong, the high liquidity density at the top also suggests that volatility could further increase this week.