Totally focused on the fact that today’s a holiday, I almost forgot there’s non-farm payroll data coming out today. But just as I expected, since it’s during the U.S. stock market closure, the impact of the non-farm payroll data isn’t too significant. Sure enough, after the data was released, there wasn’t much fluctuation in $BTC’s price. From the data, this non-farm payroll report is actually pretty decent. First off, the unemployment rate dropped, which is one of the most important indicators and still suggests that the probability of a U.S. recession is relatively low. Even though everyone’s worried about rising oil prices triggering a recession, the employment situation is still looking good. Plus, non-farm payrolls far exceeded expectations by nearly three times, so it’s solid data. If the market weren’t closed today, U.S. stocks might have surged a bit. However, the annual and monthly wage growth rates have slowed down slightly, with both figures below expectations. For now, the impact doesn’t seem too big—let’s wait and see if the war ends first. Overall, today is still dominated by the Iran war. The frustrating part is that even though Trump unilaterally declared victory, Iran refused to meet with the U.S. in Islamabad and rejected the ceasefire proposal. The war continues to drag on, with signs of further escalation. Honestly, I don’t understand why Trump was bombing aggressively one day and then trying to call for a ceasefire the next. If I were Iran, I probably wouldn’t agree either. Back to Bitcoin’s data—yep, it’s definitely holiday mode now. Trading volume has dropped significantly, and turnover is at rock-bottom levels. This kind of trading activity shouldn’t have much impact on the price. As long as Trump doesn’t stir up any drama, this weekend should be pretty chill. Bitget VIP—lower fees, crazier perks!