Analyst: US Employment Data May Be Key to Bitcoin's June Trend, Fluctuation Range Could Reach $95,000 - $125,000
Analysts point out that the U.S. employment data to be released this Friday will be a key factor influencing Bitcoin's short-term trend. If the data is weak, it may strengthen market expectations for an early rate cut by the Federal Reserve, pushing Bitcoin to test the $125,000 high in June; conversely, if the data is strong, the price may fall back to around $95,000.
According to market observations, factors such as the recent slowdown in cryptocurrency ETF inflows and increased IPO activity may suggest that the short-term market is facing adjustment pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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