Good afternoon to all friends in the cryptocurrency circle, whether you are holding an empty position or a full position. I want to emphasize a few points about the trend of Bitcoin today, to prevent anyone from missing it. Without further ado, let's get straight to the point!


1. Brother Bin clearly stated in his article on the evening of May 26 that if we count from May 6, this oscillation will end at the latest by June 6 according to a one-month oscillation cycle, and then launch another upward attack. The overall trend is as expected.
2. On June 3rd, the big pancake once again chose to break through upwards, and the current price is trading near 71k, just one step away from the historical high, the entire upward pace is slow but steady!
3. The biggest favourable information last night, the Central Bank of Canada took the first shot of interest rate cut and said there is reason to expect further interest rate cuts. The Central Bank of Canada cut interest rates by 25 basis points for the first time since 2020, which is in line with market expectations!
On Wednesday, the US stock market closed higher, with the Nasdaq and the S&P 500 both hitting record highs. Nvidia, the "king of weights, the big brother of the AI world" in the US stock market, saw its stock price surpass $1200, with a market capitalization exceeding $3 trillion, making it the second largest company by market capitalization in the US stock market.
The data shows that the ADP private sector employment data in the United States for May was lower than expected, indicating a cooling labor market.
This week, the market's focus has shifted to tonight's (20:15) ECB interest rate decision and Friday night's US non-farm payroll data. These two major data releases will once again guide the direction of the encryption market!
Be proactive in laying out the primary market and focus on the Bitcoin ecosystem's inscription track! Pay attention, double the attention! There are hidden opportunities here that are thousands, tens of thousands, or even hundreds of thousands of times greater...
The financial insurance concept FMLI, the artificial intelligence concept Simf, the digital currency concept ARMB, the automation AUTU, the settlement system ICBB, and the quantum computing concept MAMC and SIMC... these standards are quite good, exchanging time for space, will bring a space of more than a thousand times or even tens of thousands of times...
Stay firm in your faith! The power of belief!
Like, follow, and retweet are the greatest support! $BTC #5月非农数据即将公布 # BTC trend analysis #European Central Bank Interest Rate Decision
BTC1.85%
ADP-0.33%
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WaitingForTheEastWinvip
· 2024-06-06 05:04
Market conditions are unstable
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