The job market is stabilizing, and the Federal Reserve stays put—bulls can’t last! 5.9 Big Pie Aunty Ether evening thoughts

Last year, U.S. employment saw nearly zero growth. But this year’s employment data has been unusually strong. On Friday, the non-farm payrolls report showed that the U.S. labor market is moving toward stability. Although labor demand is still weak, layoffs have remained at relatively low levels, and the tax-cut policies are also favorable for consumer spending and corporate investment. However, in recent months, U.S. employment data has been quite volatile—swinging between large increases and large pullbacks—so the market can’t easily gauge the overall health of the economy. But based on the data, the Federal Reserve definitely won’t cut rates. The short-selling idea given on Friday can only capture a single short-term move. The short setup near this week’s high matches expectations—follow it and you can “eat meat”!

From a technical perspective, on the daily chart, Big Pie Aunty Ether formed a small bullish candle. Even though the data came in above expectations, the situation in the Middle East is unstable, so upside momentum for the bulls is hard to sustain. In addition, on the KDJ indicator, the three lines form a death cross and diverge downward, making the technical outlook bearish!

### 5.9 midnight short ideas

For Big Pie: continue shorting on the rebound at 80500-81000. Add positions at 81500-82000. Targets are around 79500-79000-78500. If it breaks through, look at around 78000-77500-77000. If it breaks further, continue adjusting the trailing stop; take profit depends on the situation!

For Ether: continue shorting on the rebound at 2330-2360. Targets are around 2280-2250. If it breaks through, look at around 2230-2200. If it breaks further, continue adjusting the trailing stop; take profit depends on the situation!

### Weekend long ideas

For Big Pie: buy on the pullback at 76500-77000 for one lot. Defend around 76000. Targets are around 78000-78500-79000. If it breaks through, look at around 79500-8万-80500-81000.

For Ether: buy on the pullback at 2200-2230 for one lot. Defend around 2160. Targets are around 2270-2300. If it breaks through, look at around 2330-2360.

Although 10% tariffs have been ruled unlawful and therefore not imposed, and even though the non-farm payrolls are favorable, this week the Iranian Revolutionary Guard confirmed a clash with U.S. warships, and U.S. aircraft directly attacked two Iranian oil tankers. This barrage of artillery fire is undoubtedly making the ceasefire look shaky. So everyone, be cautious about chasing price! Even though there isn’t enough downside momentum in the market for now, there also isn’t much positive support! #BTC重返8万