Analyst: U.S. employment data may be key to Bitcoin's June trend, with a volatility range of $95,000 - $125,000

ChainCatcher news, Bitfinex analysts pointed out that the U.S. employment data to be released this Friday will be a key factor influencing Bitcoin's short-term trend. If the data is weak, it may strengthen the market's expectations for an early rate cut by the Federal Reserve, pushing Bitcoin to test the $125,000 high in June; conversely, if the data is strong, the price may retreat to around $95,000.

According to market observations, recent factors such as a slowdown in cryptocurrency ETF inflows and an increase in IPO activities may suggest that the market is facing adjustment pressure in the short term.