Good morning, business celebrities and social elites. A new week has begun. The bitcoin price fluctuated around 63k over the weekend. Will it rise or fall next? Let's get straight to the point.
1. With the release of the lower-than-expected non-farm payroll report, the market's expectations for the Fed's rate cut were rekindled, and Bitcoin returned to above $63,000. The US Bitcoin spot ETF market ended 7 consecutive days of capital outflows. The launch of the Hong Kong ETF continued to fuel the enthusiasm for long positions, and the market also saw a significant inflow of funds.
2. The latest data released by the US Department of Labor on Friday (May 3) showed that the unemployment rate unexpectedly rose in April, wage growth slowed, and the labor market was cooling.
The seasonally adjusted non-farm payrolls in the United States in April increased by 175,000, the lowest increase since October 2023, lower than the expected 243,000 and the previous value of 303,000.
The unemployment rate unexpectedly rose to 3.9% in April, and the market expected it to remain unchanged at 3.8%; the average hourly wage in April increased by 0.2% month-on-month, lower than the expected and previous value of 0.3%.
3. For our friends who have been holding coins all the way, there is no need to worry at all. Just keep playing music and dancing, keep the position at 50%, and be able to attack and defend!
The intraday market trend changes rapidly, and the main force will take sudden actions according to the actual status of market participants. In the upward trend, it is very common to sell chips. So in the current situation, it is the best strategy to remain unchanged in the face of changes!
4. One fate, two luck, and three Feng Shui. A great man is not someone who can change his fate against the will of heaven, but when "luck" and "trend" come, you can catch it and see it clearly! It is useless to have the right view, and execution is the foundation of your life!
5. The sea voyage depends on the helmsman, and the rise and fall of the currency circle depends on the big cake; the bull market is ups and downs, you have to have a position, the market will go a long time and far, you have to be able to endure loneliness, hold it, and let the profit run all the time.
Finally, Lao Jiu is a human, not a god. Every day's prediction is like walking on a high-altitude rope, and every step is thrilling! If you say it right, it's luck, and if you say it wrong, it's level. Please support us!
If you agree with my point of view, please like, follow, and forward to support me, thank you! #BTC #ETH #美国4月非农就业人口增加不及预期
