Late-night blockbuster! The latest data exceeded expectations. Will Bitcoin stabilize tomorrow?

Just now, the United States announced the number of initial unemployment claims for the week ending May 25, which was 219,000, with an expected number of 218,000 and a previous value of 215,000, exceeding expectations, which is good news!

Many people may not understand how it is good news that the number of unemployment claims exceeded expectations? Because the number of unemployed people exceeded expectations, it means that the US economy may be slowing down and slowing down, which will increase the probability of the Federal Reserve cutting interest rates. If the interest rate cut is lowered, it will definitely be good news for cryptocurrencies led by Bitcoin.

In addition, there is another data tonight, that is, BlackRock's Bitcoin spot ETF has become the fastest ETF to reach $20 billion. Bitcoin has shocked Wall Street. It can be said that Bitcoin is really increasingly sought after by institutional funds. If the spot Ethereum ETF is also passed in June, it is possible to know how magnificent this round of bull market will be!

Tomorrow night, there will be another important data, the core PCE of the United States in April, which will be released. It can even represent whether inflation is suppressed better than CPI data. If it is higher than expected, it is bad news, and if it is lower than expected, it is a big positive.

Back to the situation of Bitcoin, under the interweaving of good and bad news, it is obvious that Bitcoin is currently waiting for a direction to choose, and has been fluctuating around 68,000 for 3 consecutive days. From a technical point of view, the 1-hour and 4-hour charts still show a long arrangement, and the longs are still strong. If there is good news to stimulate, it will be no problem to stand on 70,000 US dollars again.

Well, originality is not easy, click to follow, and take you to surpass others with cognition. I will analyze and share the hot news and emergencies every day. I may not be the most professional, but I must be the most sincere.

#BTC走势分析 #5月市场关键事件 $BTC