Nonfarm Payroll Data (NFP, U.S. Nonfarm Employment Data) 1. Basic Definition Major Nonfarm (Official NFP): Released by the U.S. Bureau of Labor Statistics (BLS), excluding agricultural employment, private household workers, self-employed, and nonprofit personnel, covering 80% of nonfarm jobs nationwide (manufacturing, services, construction, retail, healthcare, government, etc.). It is a core indicator of the U.S. economy and a key reference for Federal Reserve monetary policy. Minor Nonfarm (ADP): Private data released every Wednesday monthly, only counting private sector employment, serving as a leading reference for the major nonfarm data. Three Core Observation Indicators 1. New Nonfarm Employment: Net new jobs added in the month (most closely watched by the market) 2. Unemployment Rate (U3): Unemployed population divided by total labor force 3. Average Hourly Earnings (MoM/YoY): Determines inflation and Fed rate hike/cut expectations Each data set includes: previous value (last month), forecast (market expectation), and actual release value. Market moves are driven by the difference between actual and expected values. 2. Release Time (Beijing Time) - Major Nonfarm: First Friday of each month Daylight Saving (April-October): 20:30; Standard Time (November-March): 21:30 (data for the previous month) - Minor Nonfarm ADP: First Wednesday of each month, two days before major nonfarm, 20:15 in daylight saving, 21:15 in standard time 3. Data → Asset Price Patterns (General) 1. Nonfarm > Expectations, Rising Wages: Stronger U.S. economy → stronger USD, gold/silver fall, U.S. Treasuries fall; U.S. stocks short-term mixed: overheating wages → rate hike concerns bearish for stocks, moderate positive for equities 2. Nonfarm < Expectations, Weaker Wages: Weaker economy → weaker USD, gold/silver rise, U.S. Treasuries rise; rate cut expectations boost growth stocks 4. Latest: April 2026 Nonfarm (Released May 8) - New Nonfarm: 115,000 | Expectation 62,000 | Previous March revised 185,000 (initial 178,000) - Unemployment Rate: 4.3% (unchanged from previous, in line with expectations) - Average Hourly Earnings: MoM +0.2% (expectation 0.3%), YoY +3.6% - Industry Highlights: Healthcare +37,000, Transportation & Warehousing +30,000, Retail +22,000; reductions in Information, Federal Government, Manufacturing jobs #ETF多日净流出：比特币价格持续下跌

#ETH 1. Spot Market Overview 1. BTC: The current price fluctuates around $69,200-$69,800. On June 2, it fell below the $70,000 mark for the first time, with slight fluctuations and recovery within 24 hours. Previously, the spot ETF experienced consecutive days of net capital outflow, and BlackRock's IBIT saw large-scale share sell-offs, dragging down overall market liquidity. 2. Major Coins: ETH around $3,710, SOL retreated to $177, BNB at $581; HYPE strengthened against the trend, firmly holding a top ten market cap position, becoming the only strong performer recently. 3. Contract Liquidations: Over the past two days, the total market liquidation exceeded $1 billion, with long positions accounting for over 85%. Concentrated leverage liquidations are one of the main causes of this downturn. 2. Major Global Regulations 1. EU MiCA: The transition period ends completely on July 1. Non-compliant small and medium exchanges will be forcibly shut down and exit the market. All European crypto service providers enter the compliance license renewal final phase. 2. US CLARITY Act: The Senate is accelerating negotiations aiming for legislation by early July. Once enacted, BTC will be clearly defined as a commodity, and most altcoins will be classified as securities. 3. Brazil New Regulations (effective June 1): Domestic crypto platforms must complete third-party financial audits before launch. Twenty-eight non-compliant contract platforms have been permanently banned. 4. Global Regulatory Shift: Countries are shifting from "token attribute determination" to anti-money laundering (AML) fund control. The US Department of Justice imposed over $900 million in crypto AML fines by 2025, tightening monitoring of large on-chain transfers. 3. On-Chain & Project Updates 1. Solana: Its entity Forward Industrie was included in the US Russell Index on June 29, benefiting SOL's mid-to-long-term fundamentals. 2. Optimism: The staking ranking mechanism live experiment ended on June 23. The results will determine OP's future on-chain fee distribution rules. 3. RWA Sector: Hong Kong's stablecoin regulations have been implemented, with multiple traditional investment banks accelerating tokenization of real estate and bonds. 4. Macro Influencing Factors 1. Geopolitics: US-Iran nuclear talks remain deadlocked. Gulf countries are setting up an Iran reconstruction fund. Geopolitical risk aversion continues to suppress crypto risk appetite. 2. Liquidity: The US is intensively issuing short-term Treasury bills, with ongoing market liquidity drain expectations. Institutions continue withdrawing from crypto ETFs and exiting the market.

📉 Market Snapshot (June 2) • BTC: $71,200 (24h -3.9%), low touched $70,680 • ETH: $1,968 (24h -2.05%) • SOL: $80.64 (24h -2.01%); BNB: $598 (24h -5.6%) • Total Market Cap: approx. **$2.52T (24h -2.6%), Extreme Fear** • 24h Liquidations: $523 million, 145,000 people liquidated, mostly long positions 🔥 Key Highlights 1. Whale "Breaking the Rule", BTC Plunges Strategy (formerly MicroStrategy) sells BTC for the first time: 32 coins sold at an average price of **$77,135**, about **$2.5 million**. Market interprets this as a loosening of the "never sell" commitment, triggering panic selling pressure. 2. Institutional Funds Withdraw, ETFs Continue to Bleed • Bitcoin spot ETFs net outflow of **$125 million** in one day; Ethereum ETFs net outflow of **$17.9 million** • Over the past three weeks, ETF redemptions exceed **$3 billion**; BlackRock's IBIT saw a large dark pool sell-off of **$1.3 billion** 3. Middle East Tensions + Fed Expectations, Dual Pressure • Israel-Hezbollah conflict escalates, US-Iran situation tightens, funds shift to safe havens • US April Core PCE at 3.8% (new high), market expects possible rate hike in June, US Treasury yields rise 4. Compliance Progress: US Launches First BTC Perpetual Contract CFTC approves Kalshi to launch the US's first compliant BTC perpetual contract; Coinbase cooperates simultaneously, further opening institutional compliance channels. 📈 Sector Movements • Altcoins: LAB +80%, Pi Network +27%, Worldcoin +22% surge against the trend • XRP: capital inflow of **$20.3 million**, showing resilience • Meme: BONK, PENGU lead declines, generally -5%+, risk appetite weakens 📅 Upcoming Key Events • June 5: Federal Reserve meeting, interest rate decision guides direction • June 8-10: ETHConf (New York), Ethereum core upgrade and ecosystem summit • Mid to late June: Ethereum Glamsterdam hard fork upgrade, improving TPS and censorship resistance ##Anthropic files prospectus: officially launches IPO

June 2, 2026 #BTC#ETH Market Analysis

#沉寂8年巨鲸四天清空$13.5亿ETH Overall Market The total crypto market cap slightly declined, with market panic sentiment relatively strong. Large liquidations of long contracts occurred across the network, and funds favored AI sector tokens. Mainstream Coin Performance 1. Bitcoin: Around $73,700, slightly retraced, spot ETFs continue to see outflows, facing resistance above 2. Ethereum: Oscillating below $2,000, Layer 2 funds diverted, showing weak momentum 3. BNB: Rising against the trend, driven by new platform products and founder-related positive news 4. Mainstream meme coins and dog coins: Weak across the board, short-term funds fleeing Sector Highlights AI concept public chains and computing power tokens strengthened, becoming the main fund focus currently; native altcoins of public chains generally pulled back.

#ETH Live Trading📈 Today's Market (5/30 10:40) • BTC: $73,450 (24h -0.2%), monthly down 3.6% • ETH: $2,015 (24h +0.3%), monthly down 11% • BNB: $650 (24h +2%) • XRP: $1.33 (24h +1.5%) • SOL: $82 (24h ±0%) 🔥 Key Highlights 1. Major US Regulatory Boost CFTC approves crypto perpetual contracts, allowing platforms like Coinbase to offer 24/7 perpetual contract trading in the US, raising compliance expectations. 2. Bitcoin Market Cap Drops Out of Global Top Ten BTC market cap is about **$1.47 trillion**, falling to 13th globally, behind gold, Nvidia, Apple, etc.; 24-hour total network liquidations at **$921 million**, with BTC accounting for **$352 million** (mostly long positions). 3. Institutional Updates • Michael Saylor: BTC is the top store of value, recommends selling other assets before touching BTC. • ETF Fund Flows: BTC/ETH ETFs saw a net outflow of **$350 million** yesterday; XRP, HYPE, and others experienced net inflows. 4. Sector Highlights • Polygon (MATIC): Leading mainstream coins, +2.57%. • Meme Coins: PENGU (+2.4%) relatively strong; FARTCOIN (-2.6%), PEPE (±0%) fluctuating. 🧩 Macro and On-Chain • Middle East Situation: Expectations of resumed Iran negotiations ease risk sentiment, supporting BTC to stabilize above 73,000. • US Stock Correlation: Crypto concept stocks broadly rise, COIN (+3.54%), HOOD (+11.51%). ✅ Summary The market is in a tug-of-war between regulatory benefits and capital outflows; BTC is consolidating to form a bottom, with 72,000 as strong support and 75,000 as short-term resistance.

📉 Market Snapshot (May 29) • BTC: $73,117 (-1.4%), fell below 74,000 • ETH: $1,996 (-0.9%), broke below 2000 for the first time this year • 24h Liquidations across the network: 160,000 people, $959 million, longs account for $900 million • Total Market Cap: $2.46 trillion, 24h trading volume $99.3 billion 🔥 Key News (May 28–29) 1. Intensified Capital Outflows • US Bitcoin spot ETFs saw a single-day net outflow of $733.4 million, BlackRock's IBIT recorded the highest outflow since listing • Ethereum weakened simultaneously, futures open interest hit a record high, divergence intensified 2. Institutional Moves • Bit Digital: Invested $20 million to increase ETH holdings to 158,000 coins, becoming the world's fourth largest public holder • Samsung Securities: Acquired a $204 million stake in Upbit's parent company, strengthening its presence in the Korean market • VanEck: Launched the first US BNB spot ETF with a 0.39% fee 3. Regulation and Macroeconomics • US-Iran tensions escalate, risk-off sentiment suppresses risk assets • SEC Commissioner: Publicly supports crypto privacy tools, opposes excessive surveillance • Trump: Announced plans to "solidify the crypto regulatory framework" through the CLARITY Act 4. On-chain and Projects • Large BTC burn: Anonymous address destroyed 107 BTC (about $8.5 million) • Ondo: Tokenized stock TVL reached $1.17 billion, a record high • Worldcoin: Plunged 11% in 24h; XLM surged 13% against the trend ⚠️ Risk Warning • Market-wide decline, 327 tokens fell, only 63 rose • US Treasury yields remain high, capital favors traditional assets, short-term pressure on crypto #ETH网络升级倒计时

1. Market Overview (As of May 28, 15:30) Mainstream coins plummet across the board, geopolitical conflicts trigger collective sell-off 1. Bitcoin BTC: Current price around $72,993, 24-hour decline of 3.4%, breaking below $74,000 and $73,000 levels during the session, daily high at $76,163 and low at $72,734. 2. Ethereum ETH: Current price around $1,994, 24-hour decline of 4.3%, breaking below the key $2,000 support level. 3. Other major coins: SOL -3.53%, XRP -3.1%, DOGE slight decline; HYPE and ZEC down over 5%, MEME coins generally plummeting (BONK -7.84%, PENGU -6.42%). 4. Overall market: Total crypto market cap at $2.49 trillion, shrinking about 1.85% in one day; Fear & Greed Index dropped to 23 (extreme fear zone). Liquidation Data (24 hours) Coinglass statistics: Over 160,000 liquidations globally, total liquidation amount $959 million - Long liquidations $900 million (96% share), short liquidations only $61.3 million, a mass exit of longs 2. Key Negative News 1. Escalation of US-Iran geopolitical tensions Concerns rise over military conflicts around the Strait of Hormuz, Iranian media disclosed a US-Iran memorandum of understanding document, which the White House immediately denied its authenticity. Middle East safe-haven sentiment heats up, funds flee high-risk crypto markets, triggering widespread sell-offs. 2. Large outflows from US Bitcoin ETFs On May 27, spot Bitcoin ETFs saw a net outflow of $733.4 million in one day, the largest single-day redemption in nearly 30 days; 7-day cumulative net outflow reached $2.32 billion, institutions continue to reduce holdings, pressuring coin prices. 3. Increased miner selling pressure: Bitcoin miners continue transferring tokens to exchanges, short-term spot selling pressure combined with futures short positions increasing, further suppressing the market. 3. Coins Rising Against the Trend (Few Positive Performers) 1. Stellar XLM: 24-hour increase over 14%, leading the market Positive factors: Cooperation with US DTCC (Depository Trust Company) on tokenized infrastructure, boosting expectations for institutional RWA (Real-World Asset tokenization) adoption, attracting capital. 2. Small-cap coin movements: RIF +18.26%, KDA +17.65%, UTK +16.23%, mostly short-term speculative trading, sustainability questionable. 3. Worldcoin (WLD) sharply down 16.93% against the trend, no clear negative news, attributed to sector rotation sell-off amid declining market risk appetite. 4. Industry and Overseas Regulatory Developments 1. Acceleration of RWA asset tokenization: Solana ecosystem Orca launches secondary trading channel for tokenized securities, compliant investors can trade gold-backed token GLDY, expanding pilot projects for traditional asset on-chain. 2. Overseas prediction market regulation: Polymarket plans mandatory KYC verification for users, global regulators tighten control over various anonymous crypto trading platforms. 3. No short-term positive US crypto policy: Intensified bipartisan struggle before elections, stablecoin regulatory bill delayed again, strong institutional wait-and-see sentiment. #ETH网络升级倒计时

1. Real-time Market Overview (Beijing Time May 27, 15:45) Mainstream Coins - BTC Bitcoin: $75,826, 24h -1.42%, intraday range $75,671–78,077, 24h trading volume $33.83 billion, total market cap approx. $1.52 trillion Resistance at $79K is clearly pressured, spot ETFs continue net outflows, over $1 billion outflow accumulated in May - ETH Ethereum: $2,077.7, 24h -1.10%, short-term support at $2,050, 7-day ETF net outflow $225 million, weakening in tandem with BTC - SOL: $83.95 (-0.66%); XRP: $1.33; DOGE: $0.1014 slight rise; PEPE slight pullback Overall Market Global crypto market cap at $2.57 trillion, slight shrinkage in 24h; among 390 tracked coins, only 135 rose, 255 fell, market leaning bearish and cautious Fear & Greed Index at 26, deep fear zone, capital seeking safety in stablecoins, stablecoin trading volume up 26.71% in one day Today's Movers Top Gainers: RAIN (+44.6%), REQ (+40.6%), OSMO (+24.11%), IO.NET (+16.79%), mostly event-driven small caps Top Losers: ACA (-51.35%), DEGO (-50.88%), altcoins lacking fundamentals, extremely volatile risk 2. International Regulation & Industry Highlights 1. US regulatory sentiment shows friendly signals Trump's social platform post supports CFTC having exclusive jurisdiction over predictive crypto markets, shows tolerant attitude toward Bitcoin; Tennessee signs bill criminalizing manipulation of crypto prediction markets as felony, tightening gambling-related crypto business regulation 2. Binance launches compliance sandbox in the Philippines Binance enters Philippines SEC regulatory sandbox, providing digital asset services under local compliance framework, establishing localized AML risk control system, deepening Southeast Asia compliance market 3. Industry & Corporate Updates Ripple selected as one of the best employers in the Bay Area for 2026; CME plans to launch AVAX and SUI crypto futures contracts; May token unlocks exceed $670 million, short-term selling pressure suppresses market 4. Global Regulatory Trends Update CertiK latest report: global regulatory focus shifts from "determining if tokens are securities" to anti-money laundering fund monitoring; US DOJ and FinCEN intensify heavy penalties on unlicensed exchange operations and transaction oversight failures; EU MiCA regulation fully implemented, significantly raising compliance license thresholds 3. Core Market Bearish Logic 1. US spot BTC/ETH ETFs see continuous multi-day capital outflows, institutional phased reduction; 2. Large token unlocks concentrated in May bring sustained selling pressure; 3. Fed rate hike expectations rise, overall risk assets under pressure; 4. Market volatility drops to 9-month low, lack of incremental funds, weak rebound. 4. Key Risk Warnings 1. Contract leverage: multiple recent large long/short liquidations, high leverage easily wipes out principal; 2. Altcoins: unpredictable sharp rises and falls, frequent project dumps and scams; 3. Cross-border trading: domestic transfers to overseas platforms may violate regulations, funds easily frozen, platforms unable to protect rights; 4. Various mining, guaranteed returns financial products, and primary crowdfunding are all illegal fundraising scams. ##实盘超短#以太坊基金会与Bitmine的ETH博弈

📊 Today's Market (5/26 14:30) - BTC: $76,915 (24h -0.63%), slight rebound after falling below $75,000 for the first time this month. - ETH: $2,091 (24h -0.55%). - Total Market Cap: $2.56T (24h -0.56%); BTC dominance: 60.12%. 🔥 Hot Topics 1. US Regulatory Updates - Trump orders the Federal Reserve to evaluate granting crypto companies access to master accounts, with feedback due within 120 days. - ARMA bill proposal: Establish a US Bitcoin Strategic Reserve. - Truth Social withdraws Bitcoin/Ethereum ETF application. - "Clarity Act" passed in the Senate, officially defining BTC/ETH as commodities regulated by the CFTC. 2. Industry Updates - Q1 heavy losses: Strategy lost $12.54 billion; Coinbase lost $394 million. - Singapore revokes BSQ crypto license, holding executives accountable. - Security alert: New Trapdoor malware targeting crypto developers. #LiveTradingShort #ETH 🚀 Today's Movers - Top gainers: ARRR (+17.81%), NEAR (+14.35%), Worldcoin (+12%). - Top losers: Venice Token, ZIGChain, Zcash.