#稳定币日常支付 5.2 Morning Market Overview: BTC Volatility Range Upward
The major coin closed this morning with a long upper shadow and a bullish candlestick, trading sideways or experiencing downward volatility during the day.
Yesterday, the major coin broke out of the previous trading range, and the new trading range is between 95.5 and 97.6. Tonight, non-farm payroll data will be released, and both Trump and the U.S. Treasury Secretary are calling for the Federal Reserve to cut interest rates. If tonight's non-farm data is positive and a 25 basis point cut is confirmed for June, the major coin is bound to soar back to 100,000.
The upward resistance for the major coin is at 97646-98762-99468; both the lows and highs are rising, creating new highs, so buying on dips is the preferred choice! If it pulls back to 95.5-95, set up long positions, with a stop at 94.7 and a target near 97.1; conversely, at 97.1-97.6, set up light short positions, with a stop on breakout, targeting around 95.5.
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