Good morning ☕, wishing all the friends in the crypto world a happy Labor Day ✨
Yesterday, the US ADP employment change for April was 62,000, significantly below expectations (good news is bad news), leading to a lower opening for US stocks and a waterfall decline for Bitcoin and Ethereum.
Bitcoin fell below the 93,000 mark, while Ethereum fell below 1,730.6; 1,730 has a strong support level, and then gradually rose in a stair-step manner.
If you feel confused by the current market situation, feel free to discuss in the comments!!!
