The U.S. jobs report could trigger market moves
This week, the U.S. jobs data scheduled for release on June 6 is a key factor for investors.
According to #MarketWatch , the U.S. economy added 125,000 jobs in May, down from 177,000 jobs in April. However, the unemployment rate remains at 4.2%.
These numbers suggest that the labor market is cooling, and some analysts argue that this could be a signal that the U.S. Federal Reserve (#Fed ) will take a softer stance on interest rates in the near future.
The Fed's “monetary easing” stance is often a positive supporting factor for risk assets like Bitcoin and #Altcoin , as money tends to flow into higher-yielding investment channels.
Short-term trading strategy $BTC (current price $105,348)
Expected buying zone:
$104,000 – $105,000: Initial buy
$102,000 – $103,500: Add to position if deeper adjustment
Stop loss: Below $100,000
Short-term targets:
$108,000 – $110,000: First target
$112,000 – $115,000: Next target if the market is positive
Information is for reference only, not investment advice. Please take responsibility for your own decisions.