#美国非农就业数据未达市场预期 Market Review: Non-farm employment data came in weaker than expected, with unemployment falling slightly, which paradoxically intensified market concerns about Fed rate cuts, putting pressure on risk assets. The industry dynamics are equally noteworthy—a16z Crypto voiced that crypto is entering the "infrastructure era," with prediction markets and verifiable computation expected to reshape the entire ecosystem landscape; UK regulators plan to launch crypto licensing applications in September this year, and Grayscale has also launched the HYPE ETF in Delaware, all these signals point to accelerating institutional adoption.

From a technical perspective, $BTC is oscillating repeatedly near the daily lifeline, has broken below the Bollinger Band midline on the 4-hour chart, and maintains a bearish structure in smaller timeframes. Rebounds around the Bollinger midline and lifeline still result in pullbacks, with relatively poor liquidity. Precious metals continue their strength, with geopolitical factors providing support for gold.

$BTC today reference range: Watch support levels at 90000, 89000, 88500 below, with resistance around 91500, 91900 above. For $ETH, support levels are at 3060, 3000, 2952, with resistance around 3140, 3170.