#BTC The evening Non-Farm report lands with a clear message: the data is > expectations and < the prior reading. It looks bearish on the surface, but in reality it’s neutral to slightly bullish—this is definitely not “no substance” or a mere formality.


Meanwhile, the small Non-Farm number of 10.9 released on Wednesday night is relatively close to the current Non-Farm data. And when the ADP data came out on Wednesday, Big Cake (Bitcoin) continued to slide—effectively signaling the bearish news ahead of time.

So the Wednesday figures and the evening figures are not that different, and they align with market expectations, meaning there won’t be much of an impact. Instead, it’s more likely to translate into range-bound consolidation; in the short term, it’s biased toward oscillation. But in the broader context, the backdrop remains relatively strong. Going forward, expectations are for the upward move to continue, and next week may see a push into the 8.5 to 8.8 zone. Stay tuned. #比特币跌破8万美元
ETH-0.15%
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