On June 4, according to 4E monitoring, in early June, the price of Bitcoin once dropped to US$103,700, hitting a near-term low, attracting market attention. Analyst Captain Faibik pointed out that the current long and short competition for BTC is fierce, with key support and resistance levels at US$103,500 and US$107,500 respectively. Breakthroughs or breaks will determine the trend in the next stage. If it can stabilize above US$107,500, it is expected to hit a new high of US$117,000; but if it loses US$103,500, it may return to short control. Another analyst pointed out that BTC needs to return above $106,500 as soon as possible to avoid further downside. As of now, the price of Bitcoin is approximately US$105,435, and has shown an upward trend in the past 24 hours. In terms of economic fundamentals, investors are closely watching the May employment report to be released this Friday. Many economists predict that new non-agricultural jobs will be only 125,000, or lower than the "break-even growth rate" of 153,000. If continued weakness may trigger an increase in the unemployment rate and intensify bets on the Federal Reserve to cut interest rates during the year. 4E reminds that investors should remain vigilant and respond cautiously to short-term market fluctuations until trade policies, employment data and Fed dynamics become clear.