Arbitrarum DAO approves unlocking $70 million for Kelp DAO relief

Click on the link to join the meeting directly: https://meeting.tencent.com/p/6839100013 Last week, the Bitcoin monthly chart just showed a morning star pattern, which is a strong bullish reversal signal with a high cycle and has a significant impact on the entire cryptocurrency market. What do you think of today's non farm payroll? Tonight's non farm sales will ignite the market! Gold Bitcoin faces critical decision Tonight at 20:30, the non farm payroll data for April in the United States hit the ground, which is the core indicator of the current global financial market and directly affects the Federal Reserve's policy expectations. Gold and Bitcoin will face severe fluctuations! The market expects about 60000 new jobs to be created, far lower than the previous value of 178000, and the unemployment rate remains at 4.3%. For gold, non farm farming is a 'policy thermometer'. If the data is lower than expected, it will strengthen the expectation of the Federal Reserve cutting interest rates, weaken the US dollar, and lead to a decline in real interest rates. Gold will directly benefit and is expected to hit the high of $4800; If the data is stronger than expected, the expectation of interest rate cuts will cool down, and the strengthening of the US dollar will suppress gold prices, or it may fall into the $4600 range. Currently, gold is fluctuating around $4700, waiting for direction to be chosen. Bitcoin exhibits a "dual attribute" fluctuation. When the non farm payroll is weak, the expectation of interest rate cuts heats up and lowers the US dollar, causing funds to flood into risky assets. Bitcoin uses its "digital gold" attribute to hedge against inflation and strengthens synchronously; When non farm payroll is strong, high interest rate expectations suppress risk sentiment, putting short-term pressure on Bitcoin. At the same time, we need to be vigilant about market panic caused by data, which can lead to severe fluctuations in Bitcoin. Tonight's market volatility is bound to intensify, with gold watching the game of interest rate cut expectations, and Bitcoin watching the flow of funds and risk sentiment. Watch and see before data landing, follow up with the trend after landing, and do a good job in risk control! Technical Analysis BTC is currently trading at a high opening and low falling level on the weekly chart. The key is to see if the target track can hold steady. If it holds steady, it will continue to rise above the 88000-90000 level, but if it doesn't, it will continue to fall and fluctuate around 77000-70000. At the end of the week, the middle track of the weekly chart has not held steady, and it is currently in a weak stage. The pressure on 2450 is huge and cannot be broken through. The support level below 2200 is expected to break around 2000 So, how do we proceed next? Teacher Zhao Yun, who has 10 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: 6839100013 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

Interest rate strategist Ira Jersey said that stronger than expected non farm payroll data indicates that the United States is far from recession, and the possibility of the Federal Reserve cutting interest rates in this situation is low. The yield of treasury bond bonds is not expected to fluctuate significantly. (Golden Ten) AI interpretation: Strong non farm payroll data significantly reduces the likelihood of the Federal Reserve cutting interest rates, indicating that the US economy remains resilient. This data has strengthened the market's confidence in economic growth and is expected to have a stabilizing effect on the yield of treasury bond. The strong performance of non farm employment also means that the labor market remains tight, further supporting the continued high interest rate environment.

The Nasdaq 100 index futures in the US stock market rose over 1%, the S&P 500 index futures rose 0.66%, and the Dow Jones index futures rose 0.49%.

Spot gold's short-term increase expanded to $20 after the release of non farm payroll data, reaching a peak of $4724.9 per ounce.

[U.S. April Unemployment Rate 4.3% Meets Expectations] The U.S. April unemployment rate was 4.3%, unchanged from the previous month, meeting market expectations.