After this non-farm payroll data, the market focus has shifted directly from employment to inflation, and the rate cut expectations have been further pushed back, which is short-term bearish for Bitcoin:



1. Employment data has stabilized, and the Federal Reserve has no reason to cut rates; on the contrary, rising inflation will make it harder for them to loosen policy.
2. The future trend of Bitcoin will mainly follow inflation data; if inflation doesn't decrease, rate cuts are unlikely, and Bitcoin is unlikely to see a big rally in the short term.
3. Overall news sentiment is bearish, and Bitcoin is likely to continue fluctuating weakly; do not blindly expect a rally.
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