Trump has no significant promotion effect on the cryptocurrency market after taking office. In addition to the family WLFI funds constantly buying coins, there are also some scandals, which "maybe there are." Conspiring to make a market maker relationship"; Trump's son called for an order to buy ETH, and the fund "suspectedly secretly cuts his losses" ETH. Trump's pressure on Sec to cut interest rates did not work, and the cryptocurrency committee and other institutions established were all full of thunder and light rain.

Instead, Trump's macro economy is strong, the US dollar is weak, and the US stock market has had a huge impact on cryptocurrencies, imposing 25% tariffs on Mexico and Canada and then postponed the cancellation. The jump left and right made the cryptocurrency market turbulent. What’s even more fatal is that when BTC rebounded, altcoins “followed the decline but not the rise”, and most altcoins hit new lows in the past two years.

Many people are wondering: Is the bull market still there? In this cycle, the current situation Trump's meme coin with the same name produces the myth of wealth suddenly. Trump went on stage to call for the "eternal bull". He couldn't help but remember that the listing of SHIB's myth of wealth suddenly and Coinbase in the last bull market, and collectively shouted that the "eternal bull market" ended. It seems that it is the same as carving a boat and seeking a sword. Is the bull market really still there? Is there still a "day to unwind" in the copycat? Let's see what traders think.

@Xbt886

The liquidity of altcoins has not returned yet, and more liquidity of altcoins has withdrawn from the liquidity that chooses to enter BTC.

The two possible paths that were previously recognized have now gone the second one kind.

@YSI_crypto

Near $92,000 is the green area I'm drawing. This is the lower boundary of the box during the entire box oscillation. If the price rebounds here, it can be used as an entry point, and if it falls below, it will stop loss. Currently, this is in the middle of the box, and it is very uncomfortable for both long and short.Wait for the right opportunity to enter.

@Patrade_Buer

BTC has completed the plundering eqh. Please pay attention to your position when short sellers, and long sellers pay attention to buying opportunities when they step back.

@CryptosLaowai

Bitcoin is in a volatile market. The market logic is to find liquidity: where is the most people stop loss + where to go for a liquidation position? Bitcoin daily line closed with two long-legged crosses. The possibility of a rise next week has increased, and there is still a last drop in the small cycle. The possibility is to fall to around 94,600, and then if the 95,600+ is withdrawn, the pull-up market will begin. If the pull-up is pulled up next week, the target will be at least 100,500 and the maximum is 103,000.

@Andre_Dragosch

The biggest BTC move out of the exchange since 2024 has just happened, with more than 17,000 BTC leaving the exchange, of which 15,000 were removed from CoinBase, and a large number of giant whales are buying bottom chips here.

@Phyrex_Ni

The exchange's stock BTC did fall sharply after the price fell below $100,000, and it was almost at its lowest point in nearly 6 years, spanning two late stages, which shows that more investors choose after buying Hold the money and wait and see.

@Phyrex_Ni

Non-agricultural data have just been released. As expected, the unemployment rate dropped slightly to 4%, lower than the previous value. This data is not very good, indicating that the current labor market is still very strong, and the number of non-farm employment is still quite large, significantly lower than expected. , this data is still OK, and the wage growth rate is also increasingIn general, the entire labor market has not cooled significantly, which may not meet the expectations of some Fed officials. But it also shows the strength of the US economy.

The March interest rate cut is almost gone, of course there is no such thing as before. The current labor data will reduce the probability of interest rate cuts in March, which itself is It is within the market's expectations. Let's look at the dot matrix chart first in March. To be honest, the current macro data has very limited help to the market.

After all, Powell himself said that the labor market is not very concerned, so he should look at the inflation data more, especially housing inflation. In general, today's labor data is good for the economy, but is not conducive to the Federal Reserve's increase in interest rate cuts.

After the data was released, the main contents of the Federal Reserve's Kashkali delivered a speech, and Powell's view is the same, "If you see good inflation data and the labor market remains strong, then this will prompt me to support further rate cuts." Interestingly, this view is completely different from Logan who spoke yesterday, believing that The strong labor market is a good thing.

The decline in inflation mainly depends on housing inflation. Kashkali said, "If inflation goes down, I can't see why interest rates should be kept unchanged." Inflation is expected to continue to decline this year, and the Fed's interest rate cut will also be moderate.

Basically, labor data is qualitative, especially labor data is beneficial to the economy and is one step further away from recession.

@MaoShu_CN

First, after one week, the market value of BTC remained basically the same, but The market and #ETH counterfeits have shrunk. Through the changes in proportion, it is clearly found that the proportion of BTC accounts for a large proportion of blood-sucking market, and its current proportion has exceeded 58%, closer to 59%. In contrast, the proportion of ETH directly fell below 10%, which is a terrible sight. In terms of trading volume, except for BTC, which still maintains a certain degree of activity, the basic activity of ETH counterfeits has continued to decline and the sentiment is poor.

The funds increased by 8.9 billion this week, and the on-market stablecoin Total volume is 231.5 billion US dollars,

USDT: The official website shows that the current market value is 141.355 billion, an increase of 1.951 billion compared with last Sunday. The Asian and European markets responded to inflows this week and saw an increase inflow.

USDC: The data website shows that funds increased by 2.817 billion, and the US funds also maintained incremental inflows.

BTC accompanied by the employment data after the release of BTC As US stocks start a rebound breakthrough, but inflation expectations trigger a decline in risk markets. This week, it is likely to end down. The price is still in a weak zone! After the employment data released tonight, although the data is not a good deal, it is a decline this week. The trend basically cleared the negative trend. As long as it is not negative, the market will rebound again. The market will also show the same after the data is released. The short-term BTC price broke through the 1 hour/4 hour range. However, the inflation expectations of the University of Michigan immediately triggered inflation in the risk market. Worries caused the US stock market to fall and BTC followed the decline, which directly interrupted the rebound and upward momentum of BTC, resulting in the current BTC price still in a weak zone.

@CryptoPainter_X p>

Unemployment rate has dropped, non-farms are less than expected, and the recovery rate cut nodes that traders bet on are currently stuck in June this year, and it doesn't look very stable, which means that it is There is no need to wait for interest rate cuts in the first and second quarters, and we will have to wait until the interest rate meeting in mid-June at the earliest.