Overnight, the three major U.S. stock indexes opened higher, with the Dow closing up 1.05%, the S&P 500 closing up 1.03% (breaking above 6,000 for the first time since February 21), and the Nasdaq closing up 1.2%. Stablecoin giant Circle closed up 28%, Tesla (TSLA.O) closed up 3.6%, and Tesla (TSLA.O) fell 15% this week, the biggest weekly decline since 2023. Nvidia (NVDA.O) closed up 1.3%, Apple (AAPL.O) closed up 1.6%, and Micron Technology closed up 2%. The strong performance of U.S. stocks injected a shot in the arm for the financial market, with data released by the U.S. Bureau of Labor Statistics on Friday showing that the number of non-farm payrolls in the United States increased by 139,000 in May, higher than market expectations of 130,000, and the unemployment rate remained unchanged at 4.2%, in line with market expectations. After the release of the data, gold fell slightly after scurrying up and down, and the dollar index briefly returned to above the 99 mark. Financial markets expect the Fed to keep its benchmark overnight interest rate unchanged at a range of 4.25%-4.50% this month and resume cutting rates in September. This expected change will undoubtedly have a profound impact on the currency market.

Bitcoin staged a thrilling bullish carnival after testing the 100330 line in the early hours of yesterday morning! The currency price has been soaring, and it has continued to be bullish and chasing up during the day, and the daily Dayang K has pulled up to the highest 105268 line, recovering all the space for yesterday's takeback in one fell swoop, forming a stimulating disk of long and short double washing. On the daily chart, the previous high of 106,000 remains the current first pressure level. After the weekly double top retracement, Friday regained lost ground strongly, showing the bulls' domineering! In this rhythm of strong reconquest, it is clearly not a wise move to go short. Currently, Bitcoin price is trading above the middle Bollinger Dow band with strong signs of an upward continuation, with bulls consolidating on the 4-hour chart waiting for a further outbreak. However, approaching the weekend, the market trading sentiment is generally sluggish, and it is difficult to fluctuate sharply.
Ethereum's price has also performed well, soaring from an early low of 2380 to a high of around 2529 by the evening. The daily chart has shifted from a small bullish candle to a medium bullish candle. Although it has lagged slightly behind the Bitcoin bulls, it has only recovered half of yesterday's retracement space. Overall, the structure is good, and there is still strong momentum for a short-term upward breakout. From the perspective of the market, the previous downtrend has not continued; instead, a rebound has occurred. In the face of the weekend's volatile market, we remain firmly bullish and will grasp the rebound opportunities. After all, the market won't remain volatile forever; a one-sided trend will eventually come! Currently, Ethereum's overall trend is a bullish oscillation upward recovery. Even if there is a pullback, it has not formed a continued downward move, so the main strategy moving forward is to buy on dips!