2026-01-09 10:30:22

The US unemployment rate and non-farm payroll data will be announced tonight. The market generally expects this to be a bullish signal. If the data indeed triggers a rebound, Ethereum is expected to bounce back to the key range of 3150-3180. Reaching that level, you can consider opening short positions, with the target set below the support level of 2700.

Bitcoin's recent movement is still somewhat lacking. The key issue is the absence of a solid dip and retest. Without a deep shakeout and consolidation, this upward trend will be hard to sustain. The market needs a more forceful downward probe to accumulate upward momentum. Once this step is in place, there will be real room for further rise.

$ETH $BTC Continued focus on the impact of macroeconomic data.

ETH6,24%

BTC4,7%

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RetiredMiner

· 01-12 07:56

The non-farm data is a bit uncertain; it feels like there might be a sharp drop tonight.

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ImpermanentSage

· 01-12 06:20

Is the unemployment rate data really that capable of causing a market explosion? I feel like it's a bit exaggerated. If you ask me, expecting a takeoff without a decent pullback is just wishful thinking. No matter how you look at it, it's suspicious. 3150 short position? I'm waiting to see what the data says. Bitcoin is just one breath away from a move; if the shakeout isn't thorough, it won't move up afterward. When the non-farm payrolls come out, we'll just watch. Anyway, macro factors decide everything. Everyone says it's good news, but it's probably just a trap.

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TokenAlchemist

· 01-09 10:55

ngl the jobless data tonight could be an alpha extraction point if we model the state transitions correctly... but everyone's already priced this in tbh. eth hitting 3150s for a short? feels too obvious, probably liquidation cascade bait

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MelonField

· 01-09 10:53

The unemployment rate data feels like it's about to trigger another round of market movement. Let's see if ETH can really push to 3150 and give it a try. Bitcoin is still the same. Without a decent retracement, who would believe it can rise afterward? It needs to shake out the traders first.

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NFTArchaeologist

· 01-09 10:32

As soon as the unemployment rate data is released, it's time to turn around. I'm also watching that 3150 level. How's the short-selling opportunity looking?

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AirdropATM

· 01-09 10:31

Once the non-farm payroll data is released, the market will explode. We'll see if 3150 can hold steady; if it can't, then a direct short squeeze is expected.

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