The recently released data is bearish for non-farm payrolls, and the unemployment rate has little impact.
Bitcoin dropped yesterday due to the initial decline of the U.S. market, and there was little price fluctuation after the data was released.
The U.S. market is currently fluctuating between reconciliation and conflict, constantly causing disruptions.
Liquidity is relatively poor over the weekend, and prices may drop further.
Although Bitcoin is still experiencing outflows, the stability of the market has already reached a new low this month.
In the range of 105,000-110,000, long-term holders and some whales are starting to sell off to cash out.
In the short term, it is highly likely that the 105,000-110,000 range will form a resistance zone.
Bitcoin has now begun to slowly shift towards government-led initiatives, making it difficult for retail investors to get in.
Long-term investors can continue to dollar-cost average when Bitcoin prices drop.
The overall market is in a state of relatively poor liquidity, so it is recommended to operate less, observe more, learn more, and relax more.