Track real-time trends in the crypto world and seize the best trading opportunities. Today is Saturday, June 7, 2025. I am Wang Yibo! Good morning to all coin friends ☀ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹
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Overnight, the three major U.S. stock indexes opened higher, with the Dow closing up 1.05%, the S&P 500 closing up 1.03% (breaking above 6,000 for the first time since February 21), and the Nasdaq closing up 1.2%. Stablecoin giant Circle closed up 28%, Tesla (TSLA.O) closed up 3.6%, and Tesla (TSLA.O) fell 15% this week, the biggest weekly decline since 2023. Nvidia (NVDA.O) closed up 1.3%, Apple (AAPL.O) closed up 1.6%, and Micron Technology closed up 2%. The strong performance of U.S. stocks injected a shot in the arm for the financial market, with data released by the U.S. Bureau of Labor Statistics on Friday showing that the number of non-farm payrolls in the United States increased by 139,000 in May, higher than market expectations of 130,000, and the unemployment rate remained unchanged at 4.2%, in line with market expectations. After the release of the data, gold fell slightly after scurrying up and down, and the dollar index briefly returned to above the 99 mark. Financial markets expect the Fed to keep its benchmark overnight interest rate unchanged at a range of 4.25%-4.50% this month and resume cutting rates in September. This expected change will undoubtedly have a profound impact on the currency market.
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Bitcoin experienced a thrilling bull celebration after dipping to the 100330 line early yesterday morning! The coin price surged, continuously rising during the day, with the daily line showing a strong upward trend, reaching a peak of 105268, recovering all the losses from yesterday and forming a stimulating market with both long and short positions being washed out. From the daily chart, the previous high point of 106000 remains the current first resistance level. After the double top pullback on the weekly chart, it strongly regained ground on Friday, showcasing the power of the bulls! In this strong recovery rhythm, shorting is obviously not a wise move. Currently, Bitcoin's price is operating above the middle band of the Bollinger Bands, showing strong signs of continuation upward. In the 4-hour chart, the bulls are consolidating, waiting for further explosive moves. However, as the weekend approaches, market trading sentiment is generally low, making it difficult to see significant fluctuations. It is advisable to focus on buying on dips to seize bullish opportunities!
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The price of Ethereum also performed well, soaring from a low of 2380 in the morning to a high of 2529 in the evening. The daily line has been converted from a small yang K to a medium yang K, although it is a little slow to keep up with the rhythm of the pie bulls, but it has only recovered half of the space for yesterday's takeback, but the overall structure is good, and the short-term still has a strong momentum for an upward breakthrough. Judging from the disk, the previous downward trend did not continue, but ushered in a rebound. In the face of the volatile market over the weekend, we remain firmly bullish and seize the opportunity to rebound. After all, the market will not fluctuate all the time, and the unilateral market will come sooner or later! At present, the overall trend of Ethereum is that the bulls are volatile and upward, and even if there is a pullback, it has failed to form a continuous downward exploration, and the retracement of the market is still the main strategy!
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RoseAfterTheRain
· 2025-06-17 11:53
666
Reply0
MakeSteadyProfits
· 2025-06-07 02:31
Steadfast HODL💎
View OriginalReply0
SunSun
· 2025-06-07 01:51
Thank you for sharing☕️☕️
View OriginalReply0
WilliamsI
· 2025-06-07 01:39
HODL💎HODL💎HODL💎
View OriginalReply0
CoreFlow
· 2025-06-07 01:36
HODL💎HODL💎HODL💎
View OriginalReply0
GateUser-6256f716
· 2025-06-07 01:28
Good morning!
Wishing all the students of Qian Qian a successful start and swift achievements!
Jumping over the dragon gate!
View OriginalReply0
SonOfBlessings
· 2025-06-07 01:27
HODL💎HODL💎HODL💎
View OriginalReply0
Daligo
· 2025-06-07 01:26
Good morning!
Wishing all the students of Qian Qian a successful start and swift achievements!
Jumping over the dragon gate!
Track real-time trends in the crypto world and seize the best trading opportunities. Today is Saturday, June 7, 2025. I am Wang Yibo! Good morning to all coin friends ☀ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹
==================================
💎
💎
==================================
Overnight, the three major U.S. stock indexes opened higher, with the Dow closing up 1.05%, the S&P 500 closing up 1.03% (breaking above 6,000 for the first time since February 21), and the Nasdaq closing up 1.2%. Stablecoin giant Circle closed up 28%, Tesla (TSLA.O) closed up 3.6%, and Tesla (TSLA.O) fell 15% this week, the biggest weekly decline since 2023. Nvidia (NVDA.O) closed up 1.3%, Apple (AAPL.O) closed up 1.6%, and Micron Technology closed up 2%. The strong performance of U.S. stocks injected a shot in the arm for the financial market, with data released by the U.S. Bureau of Labor Statistics on Friday showing that the number of non-farm payrolls in the United States increased by 139,000 in May, higher than market expectations of 130,000, and the unemployment rate remained unchanged at 4.2%, in line with market expectations. After the release of the data, gold fell slightly after scurrying up and down, and the dollar index briefly returned to above the 99 mark. Financial markets expect the Fed to keep its benchmark overnight interest rate unchanged at a range of 4.25%-4.50% this month and resume cutting rates in September. This expected change will undoubtedly have a profound impact on the currency market.
==================================
💎
💎
==================================
Bitcoin experienced a thrilling bull celebration after dipping to the 100330 line early yesterday morning! The coin price surged, continuously rising during the day, with the daily line showing a strong upward trend, reaching a peak of 105268, recovering all the losses from yesterday and forming a stimulating market with both long and short positions being washed out. From the daily chart, the previous high point of 106000 remains the current first resistance level. After the double top pullback on the weekly chart, it strongly regained ground on Friday, showcasing the power of the bulls! In this strong recovery rhythm, shorting is obviously not a wise move. Currently, Bitcoin's price is operating above the middle band of the Bollinger Bands, showing strong signs of continuation upward. In the 4-hour chart, the bulls are consolidating, waiting for further explosive moves. However, as the weekend approaches, market trading sentiment is generally low, making it difficult to see significant fluctuations. It is advisable to focus on buying on dips to seize bullish opportunities!
==================================
💎
💎
==================================
The price of Ethereum also performed well, soaring from a low of 2380 in the morning to a high of 2529 in the evening. The daily line has been converted from a small yang K to a medium yang K, although it is a little slow to keep up with the rhythm of the pie bulls, but it has only recovered half of the space for yesterday's takeback, but the overall structure is good, and the short-term still has a strong momentum for an upward breakthrough. Judging from the disk, the previous downward trend did not continue, but ushered in a rebound. In the face of the volatile market over the weekend, we remain firmly bullish and seize the opportunity to rebound. After all, the market will not fluctuate all the time, and the unilateral market will come sooner or later! At present, the overall trend of Ethereum is that the bulls are volatile and upward, and even if there is a pullback, it has failed to form a continuous downward exploration, and the retracement of the market is still the main strategy!