【The United States will release non-farm payroll data tonight at 20:30, please pay attention to market fluctuations】 Tonight at 20:30 (UTC+8), the United States will announce the June non-farm payroll data. Key data to watch:
Non-farm payroll change: Expected 110,000 (previous value 139,000)
Unemployment rate: Expected 4.3% (previous value 4.2%)
Will Trump's tariffs impact the job market? June non-farm payrolls may become "hard data" evidence for policy. If it meets expectations, it will validate that tariffs are dragging down the economy; if worse, the probability of a rate cut in July will soar, and BTC will challenge the 110,000 mark!
BTC technical analysis:
Daily strong trend: The daily level shows continuous price increase recently, forming multiple bullish candles, with significant gains on July 2 and July 3, presenting a strong rebound trend. The hourly level broke upward after consolidating around 109,000, with current highs approaching the 110,000 round number.
Liquidity risk: The US market closed early, and market liquidity sharply decreased!
There will be significant market fluctuations before and after the data release, please pay attention to risk control.