Tonight at 20:30 (UTC+8), the United States will release the non-farm payroll data for June. Key data to watch:

Non-farm employment change: Expected 110,000 (Previous 139,000)

Unemployment rate: Expected 4.3% (Previous 4.2%)

Will Trump's tariffs impact the job market? June's non-farm data may serve as "hard data" evidence of policy. If it meets expectations, it will confirm that tariffs are dragging down the economy; if worse, the probability of a rate cut in July skyrockets, and BTC challenges the 110,000 mark!

BTC technical analysis:

Daily strength: The daily level shows that prices have continuously risen recently, forming several bullish candles, with significant gains on July 2 and July 3, indicating a strong rebound trend. The hourly level has experienced fluctuations around 109,000 before breaking upward, with the current high point approaching the 110,000 integer level.

Liquidity risk: The US market closed early, and market liquidity sharply decreased! #BTC重返11万