On Friday, the NFP positive momentum continues, early session directly long on dips!

Time flies, it's Friday! How fast, folks! Yesterday's live stream gave one long and one short, just right! Believe in the light, get close to the light!

Yesterday's NFP new jobs of 57k were severely halved, combined with downward revisions of the previous two months' employment data, the market directly overturned the previous hawkish logic of the Fed maintaining high interest rates or even restarting rate hikes. The 2-year Treasury yield quickly declined, the dollar index fell to a two-week low, interest rate futures significantly reduced bets on rate hikes this year, institutions and financial groups unanimously postponed the first rate hike from October to December, the panic of short-term liquidity tightening in the crypto sector largely dissipated, supporting the logic for coin prices to materialize!

In the short term, cooling employment alleviates the pressure of sustained high rates, short-term bearish factors exhausted. BTC should welcome a repair window, stepping out of the gloom of breaking below 58,000. But there won't be a major breakout rebound, after all, wage inflation stickiness has not been resolved, the Fed will not immediately start a rate-cutting cycle. Spot ETFs continue to see large net outflows, MicroStrategy has a BTC reduction quota, and global crypto regulation tightening—three medium-to-long-term bearish factors remain unchanged. The rebound is not a reversal; it can only be viewed as a correction.

The key to the trend change is next week's PCE core inflation data. If inflation rises again, all the bullish logic from this NFP will fail, and coin prices will return to the downward channel. If inflation cools simultaneously, the rebound space will further open up. The U.S. stock market is closed today, so there shouldn't be much movement tonight. During the day, maintain positive sentiment, first go long for a breakout, then take a small short after testing resistance! Resistance 638-626, support 606-610.

BTC, long in the 610-613 area, target 623-626, if not broken, reverse to short.

ETH, long above 1695 area, target 1745-78, if not broken, reverse to short!

Alright, that's all. I wish you all the best. I am Ultraman, and I speak for myself!

#非农爆冷打压加息预期 #加密市场回升 $BTC $ETH $ETH