Non-farm payrolls, an unexpectedly "volatile" surprise. After all, this round of Federal Reserve rate cuts came first, followed by the release of data, forming a stark reversal. Coupled with the sharp decline on Monday, even if the data is favorable, the entire market has already digested it in advance.

No matter how loud the thunder, the raindrops are small. Bitcoin rebounded from around 85,000, with a short-term slow push towards the 88,000 level, which also perfectly reached our target.

Currently, in the short term, Bitcoin is under pressure in the 88,000-88,500 range, with key support below at the 85,500-86,000 range. $BTC