🌙🌙🌙 Evening data analysis on 6.6!
The recently released non-farm data is bearish, and the unemployment rate has little impact!
Yesterday, Bitcoin also dropped after the news about the US-China trade issue, and there was not much price fluctuation after the data was released.
Currently, the US-China relationship is fluctuating between good and bad, constantly causing disturbances,
With lower liquidity over the weekend, there may be a further decline this weekend.
Although Bitcoin is still experiencing outflows, sentiment remains optimistic, but stablecoin has already hit a new low for the month,
In the range of 105,000 - 110,000, long-term holders and some whales who have held for 2-5 years are beginning to sell and cash out.
In the short term, it is highly likely that a top range will form at 105,000 - 110,000,
Bitcoin is gradually becoming government-led, making it difficult for retail investors to enter the market in the future.
Long-term investors can continue to dollar-cost average when Bitcoin's price declines,
The overall market is experiencing a period of relatively low liquidity, so it is advisable to operate less, observe more, learn more, and relax more.