The weekly chart has closed.
Bitcoin has confirmed a divergence at the 2-day and 3-day levels.
Ethereum is also showing divergence at the 2-day and 3-day levels now.
After the US stock market daily chart's head and shoulders pattern, it continued to trend down for another day. Currently, the divergence in the US stock market daily chart is also quite serious.
At present, the divergences of Bitcoin, Ethereum, and US stocks have not fully adjusted.
The non-farm payroll data has been revised downwards. For several consecutive months, data has been revised from over 100,000 to just over 10,000. This has angered Trump, who wants to fire the director of the statistics bureau.
With such poor non-farm payroll data, the economy is not strong. We are beginning to see recession.
In summary, Bitcoin, Ethereum, and US stocks are all showing high-level divergences. Adjustments are not yet complete. The outlook remains bearish. The non-farm payroll data has been revised, and the revised data is very poor. Economic recession signals are present.