QCP: Current market sentiment is still cautious, and tonight's non-agricultural employment report attracts attention
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According to Golden Finance, QCP published an analysis that Bitcoin failed to recover the $99,000 resistance level, triggering widespread market selling and pushing BTC back to a new low of $95,600. The outlook for cryptocurrencies remains uncertain due to three consecutive days of declines. Meanwhile, amid the latest progress in Trump’s easing cryptocurrency control, the SEC is reportedly reducing the size of its cryptocurrency law enforcement. The move is expected to promote the creation of a new cryptocurrency task force and promote a more constructive relationship between the SEC and the industry. The release of the non-farm employment report tonight will attract attention, and although options tend to be bullish, market sentiment remains cautious.