#美国贸易赤字状况 Hello everyone! Continue to monitor the bearish outlook over the weekend.

Yesterday's non-farm payroll data released a clear core message—the unemployment rate decreased, which slightly delays the rate cut process. Overall market sentiment is indeed leaning towards the bearish side. After the data was announced, the market remained flat, and we continued to observe, waiting for a rebound to short. During the early morning hours, driven by dovish comments from Federal Reserve officials, some attempted to push the market higher, providing us with a good shorting opportunity around 91,500-92,000. Subsequently, the market declined to 90,300, and all positions were closed for profit. This operation was indeed quite successful.

For Saturday, trading volume is expected to be limited, but market sentiment will further weaken. Especially after a quick rebound that failed to hold high levels and then sharply declined, there is a strong sense of distribution at high levels. It is recommended to maintain a bearish outlook on Saturday. If volatility increases slightly, it may reach the 895-886 area. Considering that the bearish sentiment on Friday has not been fully released, this selling pressure could intensify during the weekend break.

Regarding Bitcoin, it is advised to consider short positions in the 90,800-91,200 range, with the first target being a pullback to the 89,800-89,300-88,600 level. When first approaching 89,800, small short-term longs can be considered for testing; if broken, wait for the 89,300 area to go long again.

Ethereum has been in a persistently weak mood these days, maintaining a "not breaking, then establishing" pattern. Although there is a rebound, the strength is weak, and overall it is aligned with Bitcoin's pace. Synchronous operations are recommended.

That's it, everyone. Have a good weekend, rest well, spend time with family, and only re-enter the market when there are clear signals. $BTC $ETH