Has the panic really subsided? Bitcoin macro analysis Just now, the unemployment rate met expectations at 4.3%, while non-farm payrolls far exceeded expectations. Strong employment data has caused the probability of rate hikes within the year to surge. This led to a dip in U.S. stocks right after the market opened, but Trump quickly stepped in to stabilize things: 'The stock market should rise, not fall. Economic growth does not mean inflation! How can a country achieve greatness without growth?' Soon after, the S&P turned around from its losses and started climbing. But here’s what I want to talk about: Bitcoin. Bitcoin is different from U.S. stocks. After the past few days of declines, we can’t say the panic has completely subsided. It just hit $60,400, and breaking below $60K is within reach. Especially with the weekend coming up—low liquidity moments—be cautious about a potential drop below $60K. If it really breaks $60K, I honestly don’t want to imagine what happens next. But maybe MSTR’s old man selling 32 Bitcoins last week, combined with the ongoing U.S.-Iran back-and-forth, could play a role here. Next Monday, MSTR is set to announce something again. If they announce continued Bitcoin purchases, I’ll be thanking them—it could help ease market panic. Plus, the U.S.-Iran situation seems to be moving toward peace talks, as long as there’s no escalation. WTI is also pulling back and hovering around $91. So, from the weekend to Monday before the U.S. market opens, be cautious about the possibility of true panic being fully released. This could correspond to prices dropping sharply before rebounding. Personally, I think Monday is a pretty critical point.