June 7 Market Analysis

1. On Friday, two sets of data were released, non-farm payrolls were negative, and the unemployment rate met expectations, resulting in no fluctuations in the market. Nowadays, the market has changed; it is no longer the case that data releases have a significant impact as they did in previous years. This year, these figures have little effect on the market, reflecting the frightening control of the market, with more emphasis on news from Trump. Following the tariffs and the Federal Reserve's interest rate cuts, as well as the tug-of-war between Musk and Trump.

2. #BTC Current quote 104800. The slight rise yesterday was unexpected, but based on the data, it was mainly driven by retail investors. The price has returned to oscillate above 103000, and over the weekend we will track the adjustment in the 106000-103000 range, influenced by the resistance at the daily middle track and the pullback of the 2b pattern, with an expected intraday oscillation adjustment. Short-term resistance at 105500, support at 103500.

3. #ETH Current quote 2485. The market rose in tandem yesterday, although the trend was weak. Recently, there has also been a net inflow from ETFs, making the market a bit strange. From a technical perspective, after the price fell below the channel, it rebounded to the edge position again yesterday, also facing resistance at the Fibonacci 0.5 sequence. It fell back to 2455 in the early morning and rebounded again. Moving forward, pay close attention to the adjustment situation at the edge position, with resistance at 2530 and support at 2450.