BlockBeats News, May 3rd. The non-farm payroll report released on May 3rd showed that the April new job additions were 177,000, lower than the previous month but higher than expected, indicating a slowdown in employment but not as weak as the market feared; the unemployment rate remained steady at 4.2%, still at a high level. Average hourly wages increased by 0.2% for the month and 3.8% for the year, showing a slowdown in wage growth and moderate inflation pressure. FedWatch shows that the probability of a rate cut in June has dropped to 50%, and the market remains uncertain about the economic and policy path. Overall, the employment data is not bad, but the wage growth is weak. The Federal Reserve may still maintain a wait-and-see attitude. The market volatility has intensified, and Bitcoin is expected to remain in a consolidation pattern in the short term.

Bitunix Analyst Suggestion:

The data is contradictory, with the resilience of employment conflicting with wage slowdown. In the short term, BTC is still constrained by $97,000; it is necessary to observe whether there is sufficient volume to break through. If the rate cut expectations rise again, focus on the trend of the U.S. dollar and interest rates, and adjust positions flexibly. It is recommended to continue monitoring the FOMC's actions and allocate stablecoins or gold to hedge against policy and macro risks.