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Last night, after the non-farm payrolls, there was some short-term whipsaw movement, but the overall direction did not change much. Currently, on the one-hour chart, the price is still oscillating around the box range. For the daytime strategy, observe the resistance around 2980. I personally believe that a rebound to break the high within the day is unlikely; the overall trend is still corrective. Stay bearish for the day.
Ethereum: Short at 2954, target 2854, with a 40-point stop loss #BTC #ETH