Pal bitcoin:native Market Daily — 7.2 Chart 1: Daily Chart 1) The daily close at 60K is pretty solid. The key focus here is tonight's non-farm payroll data, which will determine today's daily close. If today's close remains above 60K, we can continue to look bullish moving forward. Otherwise, watch for further downside. 2) The current upper target is 62K, waiting to be taken. If the daily close stabilizes above 62K, then the chances of testing the bearish OB at 66K become very high. So, the key levels right now are 60K and 62K. 3) Today's highlight is the non-farm payroll data at 8:30 AM. Last night, the ADP report showed June private sector employment increased by only 98K (expected 119K, previous 122K), indicating a clear cooling in private sector hiring. Currently, the previous value is 172K, the forecast is 110K, with a month-over-month decrease of 62K—a significant drop, but the absolute value is still within a healthy range (100K+ means normal labor market expansion). Considering the ADP figure of just 98K, the consensus of 110K essentially reflects "official data acknowledging a slowdown, but not a collapse" — a middle-ground pricing. This is why U.S. stocks dropped pre-market as pricing adjusted. So, if the data meets expectations, we’ll likely see a slightly bullish consolidation. If the data falls below expectations, it signals a sharp slowdown in employment, raising rate-cut expectations, causing U.S. Treasury yields to plunge, DXY to weaken, and BTC and U.S. stocks to rally. If the data exceeds expectations, that’s the worst-case scenario, as rate-hike chatter will intensify, leading to further bearish sentiment. For now, the most likely outcome is meeting expectations, resulting in slightly bullish consolidation. Chart 2: Hourly Chart 1) Currently, 60K is repeatedly holding steady, so the probability of moving upward is relatively high. First target is 61K, then 62K. 2) Of course, the key still depends on the non-farm payroll data.