The seasonally adjusted non-farm payrolls in the United States in May increased by 272,000, the largest increase since March this year, higher than market expectations, and significantly higher than the 175,000 in the previous month. The seasonally adjusted non-farm payrolls in the United States in May increased by 272,000, the largest increase since March this year, higher than market expectations, and significantly higher than the 175,000 in the previous month. The non-farm data was higher than expected, and the US dollar index DXY rose 60 points in the short term to 104.57.

According to past market analysis, the dollar index rose and the price of Bitcoin fell. Because of the positive impact of the dollar index, the crypto market is bearish in the short term. According to Coinglass data, in the past 24 hours, the entire network had a liquidation of $416 million, of which long orders were liquidated for $360 million and short orders were liquidated for $56.0102 million.

图片Before the release of non-agricultural data, according to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in June is 97.7%, and the probability of a 25 basis point rate cut is 2.3%. The probability of the Fed keeping interest rates unchanged by August is 77.5%, the probability of a cumulative 25 basis point rate cut is 22.0%, and the probability of a cumulative 50 basis point rate cut is 0.5%.

Last night at 20:30, the students of the Institute had analyzed the market in the live market analysis class. The positive non-agricultural data will cause Bitcoin to fall below 70,000 US dollars. But it does not affect the crypto cycle. After the short-term negative news is released, the upward trend of crypto will continue. At this time, the decline of Shanzhaidadu has created a good opportunity to enter the market in the mid-term bull market. The allocation of core assets needs attention. Ethereum has similar historical indicators. Based on the approval of subsequent ETFs, the rise will accelerate! The analysis of multiple core crypto assets will be described in subsequent live classes!

Let me reiterate that trading and leverage trading are strict and professional matters, and investors need professional knowledge and position management!

The bull market continues, and we will invest more in market research and strategy formulation to accelerate in the second half!