6.1 Macro and market analysis of the overall market Trump raised the steel tariff to 50% in a surprise manner, showing the dual nature of the policy: good for local steel enterprises but bad for the automobile industry chain. BTC rebounded to around $104000 over the weekend, indicating that there is no panic in the market. However, low trading volume has distorted the price signal, and the true direction needs to be digested by the opening of the US stock market on Monday. Key focus: Next Thursday's Federal Reserve Beige Book and Friday's non farm payroll data will be the key to breaking through the market. Operation suggestion: Long at intraday support level 100700-102000 Pressure above 106300-108100 Short BTC