🔥 Today’s Market Updates | 2026.04.03 21:20

$XAU ‌
The non-farm data came in stronger than expected. In the U.S., March added 178,000 new non-farm jobs, far exceeding the market’s expectation of 60000–65,000; the unemployment rate also fell from 4.4% to 4.3%. The U.S. Dollar Index surged immediately, and gold, under pressure, fell back to 4675 dollars per ounce. Today it closed down 2.29%. However, the Middle East situation has further escalated: Iran announced strikes on U.S.- and Israeli data centers in the UAE, and it also threatened to impose fees on ships passing through the Strait of Hormuz. Brent crude oil has already surged to 109 dollars per barrel. Inflation expectations have picked up again, and gold’s safe-haven attribute still supports its price. Combined with continued global central banks’ gold purchases (the People’s Bank of China has increased its holdings for 16 consecutive months), the long-term space for a sharp drop has been largely blocked. In the short term, the market has entered a period of range-bound trading, waiting for the situation to become clear.
$BTC ‌
Driven by two factors—rate-cut expectations cooling off after the strong non-farm performance, and a decline in risk appetite amid Middle East tensions—Bitcoin is currently locked in persistent tug-of-war in the 66000–67000 range. On-chain data shows that, in recent days, large whales have increased the amount deposited to exchanges, indicating strong profit-taking expectations among big holders. Looking at the long term, the U.S. Department of Labor is considering easing restrictions on 401(k) pension plan investments in crypto assets. If the accumulated trillions of pension funds flow into crypto, it would bring a huge incremental boost, which is an unequivocal long-term positive. In the short term, you need to watch whether support at 65000 can hold; only a breakout with increased volume above 69000 can confirm a trend reversal.
$ETH
Ethereum’s recent performance has been consistently weaker than Bitcoin. It is currently testing the key support level at 2050; if it breaks below, it will most likely dip further to 1950. Overall, it follows BTC’s price fluctuations. In the long run as well, it benefits from the pension policy update. Once it rebounds, its rebound elasticity may be greater than BTC’s. In the short term, wait patiently for the direction to become clear; it is not recommended to blindly buy the dip.
📌 Today’s Core Summary: Non-farm payrolls beat expectations + Middle East tensions escalate, intensifying the battle between bulls and bears. It is recommended to operate with light positions, strictly control position size and stop-losses, and as the weekend approaches, avoid holding overly heavy positions.#国际油价走高 #Gate广场四月发帖挑战