Nonfarm payrolls come in unexpectedly weak, and with U.S. stock markets closed tonight, it’s expected that the market will hold steady and continue adjusting at this week’s high levels.

Bitcoin is within expectations. It’s pressing right up against the daily BOLL middle band around 62,200 and has pulled back just as anticipated, but the move isn’t large. With support from favorable news, it may continue to “ferment” and keep that slow-grind adjustment pace.

In terms of trading behavior, this sudden catch-up bounce is still largely within a controllable range. If you’re holding short positions with unfavorable entry points, you can first take them out around breakeven; if your entry is better, you can continue to hold.

For those waiting, keep an eye on a pullback and consider catching at the right time—otherwise, continue looking for an opportunity to pick up at higher levels. #btc $btc