Non-farm payrolls came in much higher than expected No chance of rate cuts anytime soon Rate hike expectations are rising The market's decline over the past two days is probably influenced by these expectations BTC The crypto market is currently under bearish pressure Spot BTC ETFs have seen continuous outflows for several days, with over $4 billion withdrawn since May 15, and about $1.4 billion withdrawn this week In the past 24 hours, there was also a massive liquidation, with liquidation amounts around $1.76 billion, and approximately 18 billion people liquidated Hanging in there!