Non-farm payroll boosts buy-up, followed by consolidation and range trading: BTC spot price is $61472, up 2.61% in 24h; after pushing to 62200 in the early hours, it met selling pressure and pulled back; ETH $1618 rebounded in tandem. The Fear & Greed Index has risen to 21, still within the fear zone; short-term resistance lies at 61800-62200.

Shorts get forced to cover in a cluster: Over the past 24 hours, total liquidations across the entire network reached $207 million, with short liquidations accounting for 74%. A large number of low-level short positions stopped out at lower levels, driving the rebound. Futures open interest (OI) has ticked up slightly, while leveraged capital has returned only modestly.

ETF sees another large net outflow: The US BTC spot ETF recorded a single-day net outflow of $74.84 million. During the rebound, institutions did not step in to buy the dip, and the medium-term capital withdrawal trend remains unchanged, with a lack of incremental inflows.

Track-specific performance is clearly diverging: AI and Layer2 continue to stay strong; TIA and VIRTUAL rose by more than 7%. SOL rebounded 5.3%. The MEME sector’s repair strength is weak: PEPE and WIF only closed slightly green, with no breakout-led main theme emerging.