Happy weekend everyone!

Today the market is just as expected last night, sideways with no clear direction, neither rising nor falling significantly.

After the non-farm payroll data was released last night, the market turned into a roller coaster. Job additions missed expectations, but the unemployment rate dropped, causing the anticipated rate cut to be postponed until June. Bitcoin rose from 89,800 to 91,991, then quickly fell back to around 90,500; Ethereum surged from 3,057 to 3,144, but immediately dropped back to around 3,080.

This wave of rise and fall has essentially set the high and low points: Bitcoin struggling to break 91,500-92,000, finding support at 89,000-89,500; Ethereum unable to surpass 3,140-3,150, with 3,050-3,070 temporarily holding as support.

Market liquidity is also chaotic. Bitcoin ETFs in the US stock market have been flowing out for three consecutive days, with over $1.1 billion exiting, as institutions are busy cashing out; meanwhile, ETFs for Ethereum and other coins are receiving inflows, with institutions dispersing their purchases rather than piling in. Large investors are divided—some are buying Ethereum on dips, others are transferring Bitcoin to exchanges in preparation to sell.

Currently, the market has no clear direction. We’re waiting for new data or large capital inflows to break the deadlock. The weekend will likely see continued oscillation. Don’t make reckless moves; set stop-loss and take-profit orders. Preserving your principal is the most important!$BTC #ETH走势分析