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#密码资产动态追踪 Good weekend everyone!
Last night’s non-farm payroll report sent the market on a rollercoaster ride. The employment data didn’t meet expectations, but the unemployment rate actually dropped, and the hope for interest rate cuts has been pushed back to June. This left Bitcoin a bit confused—rushing from 89,800 to 91,991, then falling back to around 90,500; Ethereum was similar, jumping from 3,057 to 3,144, then dropping back to around 3,080.
This sharp rise and fall seem to have set the tone for the market. For Bitcoin, the 91,500-92,000 range is the ceiling for now, out of reach at the moment; support is around 89,000-89,500. For Ethereum, it’s stuck below 3,140-3,150, but can hold at 3,050-3,070.
Market liquidity is a bit chaotic. Bitcoin-related ETFs have seen net outflows of over $1.1 billion for three consecutive days, indicating institutions are reducing positions and cashing out; meanwhile, Ethereum and other tokens’ ETFs are attracting funds, with institutions shifting from concentrated to diversified layouts. Large investors have different strategies—some are buying Ethereum on dips, others are moving Bitcoin to exchanges, clearly looking for opportunities to sell.
Right now, the market lacks direction. We need new data or big funds to enter and stir the pot to break the deadlock. Over the weekend, expect more sideways movement—no need to overthink it. Set your take-profit and stop-loss orders properly; protecting your principal is the key.