The US dollar index has returned above 109, bouncing above 109 twice since January.

The yield on the 10-year US Treasury bond has risen to 4.72%, and at this rate, it feels like US stocks won't be able to hold on.

To be honest, I can't predict the unemployment rate and non-farm payroll data for Friday. The market expects the unemployment rate to be 4.2%, but Bloomberg has directly given a prediction of 4.4%.

However, if Bitcoin (or US stocks) drops a bit more in the next few days and reaches a better position, it might be possible to take on some positions before Friday.

Of course, if the unemployment rate really hits 4.4%, I personally still lean towards a bearish outlook.

In 2025, mainly focusing on swinging trades, primarily dealing with fluctuations.