Due to disappointing non-farm payroll data (73,000 vs expected 110,000), the Federal Reserve's fifth consecutive hold with internal disagreements, and escalating tariff tensions, multiple macroeconomic headwinds are impacting the market.

Bitcoin has retraced from a high of around 120,000 to around 111,800, and Ms. Ying has also seen numerous drops from around 120,000, perfectly capturing over 8,000 points in this wave.

The downward trend continued over the weekend, and although there was a slight rebound, it does not indicate a reversal. Bitcoin attempted to reach 114,700, and after a minor drop following a push to 3,520, it retreated slightly. Therefore, we continue to observe pressure and a downward trend in the morning, so hold your short positions well. $BTC