05.10 BTC/ETH Market Price, Non-farm Payrolls Negative Impact Fully Dispelled, Range-bound Rebound Upward


Today's Key News
• Geopolitical Situation: Tensions in the Middle East are easing, with both the US and Iran maintaining restraint, significantly reducing the risk of conflict escalation, and market risk aversion sentiment continues to decline.
• Macro Expectations: US non-farm payroll data remains strong but has been fully digested by the market, Federal Reserve officials' comments are neutral, rate cut expectations are delayed but short-term negative factors are exhausted, the US dollar has slightly retreated, and US Treasury yields are stable.
• Market Environment: Bitcoin has bottomed out and stabilized with a range-bound upward correction, facing clear resistance above, while Ethereum follows Bitcoin's recovery, with moderate trading volume, maintaining a generally strong range consolidation.
Will there be a sudden surge after the weekend sideways trading? $BTC $ETH
BTC0.77%
ETH-0.32%
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