Tonight, these two matters are crucial for market trends.
1. Crypto Summit & Trump's Speech
Although Trump's Bitcoin strategic reserve did not directly mention a purchase plan, his national sovereign fund could become a key variable for the market. If the source of funds, purchase timing, and scale can be clarified, the market is likely to see further capital inflow, driving up BTC, ETH, SOL, and others. Conversely, if the statements remain ambiguous, the market may take a 'good news fully priced in' pullback route, facing profit-taking pressure in the short term.
2. U.S. Unemployment Rate & Non-Farm Data (released at 21:30)
Currently, the market expects the Federal Reserve to begin cutting interest rates in June or later, and if tonight's data shows a mild economic slowdown (slight increase in unemployment rate, employment growth slowing but not collapsing), it will strengthen market expectations for rate cuts, benefiting risk assets, including the crypto market.
However, if the data is excessively weak, it could raise concerns about an economic recession, leading to increased risk aversion in the market, which would put pressure on Bitcoin's short-term trends. #白宫首届加密货币峰会 #特朗普签署行政命令