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Affected by multiple macro Unfavourable Information, including non-farm payroll data falling short of expectations (73,000 vs expected 110,000), the Federal Reserve maintaining its stance for the fifth consecutive time with internal disagreements, and escalating tariff tensions.
Bitcoin has pulled back from a high of around 120,000 to about 111,800, and Yingjie has also dropped from around 120,000 multiple times, perfectly capturing more than 8,000 points in this wave down.
The weekend continues the downward trend. Although there was a slight rebound, it does not indicate a reversal. Bitcoin is hitting 114,700, and after a slight drop, Ethereum is hitting 3,520. Therefore, we continue to see pressure and a decline in the morning; hold on to your short positions. #BTC#