#TopCoinsJune2024 The first half of June is coming to an end, and the gains that started at the beginning of the month have all fallen back since the 6th.

$NOT $BNB have all experienced significant corrections after hitting new highs.

There are both internal reasons for the outflow of profit-taking funds from the previous rapid rise, and the impact of the external environment.

The impact of the US non-farm data in May that exceeded expectations on the market cannot be digested in the short term. The conflict between the strong non-farm employment data (272,000, expected 180,000) and the unexpected unemployment rate (4%, expected 3.9%) made the market understand that there was a problem with the Fed's statistical data. Later, relevant analysts pointed out that the good non-farm employment data was due to the employment data contributed by illegal immigrants, and illegal immigrants were not counted when calculating the unemployment rate. If this is the case, the actual economic inflation relief situation is not good enough to quickly cut interest rates.

So the market's expectations for a 25-point interest rate cut in September immediately dropped, and the stock market and commodity market were no longer optimistic about risk appetite. As the US stock market fell, it was natural for gold, silver, copper, iron, aluminum, etc. to experience a sharp correction. Risk appetite is contagious. Accordingly, $BTC fell below the integer position of 70,000 and also dropped to 68,420. At present, 71,000 has become a short-term upper suppression position, and 68,400 has become a lower support position. #非农就业人数高于预期 #美联储利率决策即将公布