On Tuesday, the price of Bitcoin closed below 97000. Strong U.S. employment data previously indicated that the Federal Reserve is cautious about interest rate cuts, while a weak dollar and declining U.S. Treasury yields limited the drop. The market is awaiting further economic clues. A strong employment report may lead the Federal Reserve to adopt a cautious stance on interest rate cuts. Before the employment report is released on Friday, investors' attention will turn to Wednesday's ADP employment report and Federal Reserve Chair Jerome Powell's speech.

Let's review yesterday's market: Bitcoin still saw a rebound after hitting a low, with a minimum of 93605 and a rise to 96317. The market has been volatile, with fluctuations of 1500 to 2500 points in both directions over the past two days. Everyone should still cherish this opportunity, as strong liquidation prices can still recover. Aggressive traders can short around the current price of 96800.

Today's Bitcoin trading advice: short around 97100, add to short at 97600, target 93000, with a stop loss at 98100.