On May 16th, the 'Long 8613 ETH Loss Whale' bought 1660.95 WETH worth $4.398 million again in the past 11 hours

According to a report by Jin Shi, Nick Timiraos, the "voice tube" of the Federal Reserve, stated in a post that Federal Reserve officials may be more concerned with the unemployment rate rather than job growth when assessing whether labor demand is slowing down. The reason is that they anticipate that as border controls tighten and the number of available jobs decreases, employment growth will naturally slow down. When employment growth slows down while the unemployment rate remains stable, it may indicate that the rate of decline in labor supply is faster than the rate of decline in demand. The bottom line of the Federal Reserve is that as long as the unemployment rate remains at its current level, the Fed will not necessarily be concerned about a slowdown in employment growth.

Odaily Planet Daily News: Crypto game studio Mythical Games announced on Friday that their FIFA game is about to be released, and they will launch Adidas branded digital assets. According to the statement, blockchain game company Mythical Games will launch the mobile game "FIFA Rivals" on June 12th. This release coincides with a licensing agreement reached with footwear and apparel giant Adidas. （The Block）

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/7890471408 1、 Key parameters of non-agricultural data 1. Non farm employment The number of newly added jobs exceeds expectations: the economy is strong, which is bearish for Bitcoin (with rising expectations of interest rate hikes); The number of newly added jobs is lower than expected: the economy is weak, which is favorable for Bitcoin (the expectation of interest rate cuts is heating up). 2. Unemployment rate The decline in unemployment rate reflects a tight labor market, which may strengthen expectations of interest rate hikes and be negative for Bitcoin; Rising unemployment rate: implying economic pressure or weakening expectations of interest rate hikes, bullish for Bitcoin. 3. Average hourly wage growth rate Salary growth exceeds expectations: pushing up inflationary pressure, increasing expectations of interest rate hikes, bearish for Bitcoin; Salary growth slows down: inflationary pressures ease, expectations of interest rate hikes cool down, bullish for Bitcoin. 2、 The impact logic of Bitcoin 1. Expectations for Federal Reserve Policy Non farm payroll data directly affects the market's judgment of the Federal Reserve's monetary policy (interest rate hikes/cuts). Strong data → Rising interest rate expectations → US dollar strengthening → Bitcoin under pressure (due to being priced in US dollars and increasing opportunity costs); Weak data → Rising expectations of interest rate cuts → Weakening of the US dollar → Support for Bitcoin (increased risk aversion or speculative demand). 2. Market sentiment transmission The short-term fluctuations before and after the release of data are severe, and we need to be alert to the phenomenon of "buying expectations, selling facts" (if the data meets expectations, there may be reverse fluctuations). Note: Non farm data has a short-term impact, while the long-term trend of Bitcoin still depends on macroeconomic cycles, regulatory policies, and the supply and demand of the cryptocurrency market itself. From a technical perspective BTC closed negative last week, but closed positive In the sideways trend of 103000-6000 for a week, it broke below the level of around 100000 last night, and the daily MACD has been at a dead cross downward. In theory, it should have fallen back long ago, probably to around 95000 ETH weekly closing three needles The pressure is enormous, and there is also a demand for a pullback in the morning star of the monthly closing line. The four hour dead cross of the daily line is downward, and a pullback is necessary. After falling below 2300, it will reach 2100 So, how do we proceed next? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

According to market news, an increasing number of large tech companies such as Apple, X, and Airbnb are exploring the adoption of cryptocurrencies.

Odaily Planet Daily News: A senior White House official has stated that Trump is considering selling or gifting the red Tesla he purchased earlier this year. Trump bought this car to promote Musk's business at the White House. As of Thursday evening, the car was still parked outside the West Wing of the White House. (Golden Ten)