Latest statistics indicate that the number of initial unemployment claims in the United States has risen to 248,000, reaching the highest level since the pandemic in 2021, and it has shown an upward trend for the fourth consecutive week, which clearly reflects that the job market is experiencing a downturn cycle. Analysts generally link this phenomenon to the latency effect of the tariff policies implemented during the Trump administration, rather than a short-term fluctuation.

The current economic situation is facing multiple challenges: the job market is performing sluggishly, inflation pressure is on the rise, and the Federal Reserve is finding it difficult to shift to a path of interest rate cuts due to high interest rate policies. These factors together lead to an economic outlook full of uncertainty.

In the cryptocurrency field, Bitcoin has fallen about 60% from its previous high of $70,000 to its current price. Although a technical rebound may occur in the short term, the overall market trend still indicates that there may be further downwards space. In this market situation, the current environment is more suitable for bearish positions or high-level reduction strategies, rather than seeking bottom-entry opportunities.