I was even more sick today than yesterday, but when I woke up at night, I couldn't sleep anymore. I decided to get up and continue coding. As I continued coding, it was almost 4 o'clock in the morning. I wrote a lot of content all night, and I didn't even expect that being sick would make my attention more focused. At present, the stability of the market is still acceptable. Although the latest non farm payroll data shows that the unemployment rate is increasing, the market does not believe that this is the prelude to a recession. Instead, it hopes that the increased unemployment rate can stimulate the Federal Reserve to have more opportunities to cut interest rates. So far, the response of the US stock market has been relatively good, and the price of BTC has slightly rebounded without being too intense. I saw that some friends still asked about Japan's interest rate hike on Friday. The conclusion of the interest rate hike was already anticipated by the market, and it was almost certain that Japan would raise interest rates. The reaction was also similar. When it was announced on Friday, I personally felt that there would not be too much reaction, and the 0.75% interest rate after the hike was not very high. The market was worried about further interest rate hikes in the later stage. Looking back at the data of Bitcoin, what should have come is still coming. The turnover rate has started to rise significantly, and the turnover rate on weekdays has been maintaining a very high trend for a long time recently. This indicates that short-term investors are also under great pressure, and the higher the short-term turnover rate, the greater the difficulty of the market. Continuous high turnover rates make it difficult for prices to rise. However, from the perspective of chip structure, earlier investors were still more rational. Even those who suffered losses at high levels did not make much action, and it felt like they were gradually bottoming out. Instead, it made me feel that falling below $80000 was not easy. This situation has occurred a few times before, let's take a look first. Bitget VIP， Lower rates and more generous benefits