The market is reacting to the news about the labor data for May released 30 minutes ago. And it may have a two-way impact after the news is widely absorbed. Therefore, the most important thing is still to monitor the price levels, and do not rush into trades based on the two colors green/red, everyone ❤️
💥💥 According to data from ADP, in May 2025, the private sector in the United States added 111,000 jobs, an increase from the 62,000 jobs in April. Although this number is lower than the average forecast of 125,000 jobs, it still shows a slight recovery in the labor market after the weak April.
--->>> Job growth is slight but below expectations, which may cause investors to worry about the slowdown of the economy.
--->>> However, this could also lead to expectations that the Fed will consider easing monetary policy, which typically supports risk assets like cryptocurrencies.
Weaker-than-expected job data could put downward pressure on the USD, making crypto more attractive. If the Fed reacts by delaying or slowing the rate hikes, this could boost the coin market.
💥💥 The path remains as you have posted. Currently, it is still hovering and oscillating within the range of 105-106. Both above and below, you have noted it down. The important thing is that you are monitoring the H4 frame, as staying below 106 without breaking through easily leads to a Lower high.
--->>> If there is anything new, I will warn you early as usual!!!
💥💥 Everyone should also monitor other economic data, such as the official employment report from the U.S. BLS on June 6, 2025, to have a more comprehensive view of the market trend.