Before tonight's non-farm payroll data release, the overall market trend was almost in line with our expectations. We also identified some relatively low entry points for Bitcoin and Ethereum in recent days, with profit-taking and trailing stops in place. There is no risk in waiting for the next profit target to arrive. The day before yesterday, we mentioned that Bitcoin's lowest expected level was around 89,200. It reached a low of 89,242 yesterday before starting to rebound. Currently, it is consolidating after the rebound. As with previous market conditions, there is data release in the evening, and the market generally does not experience significant fluctuations during the day. Currently, support is near the 90,000 level.
For Ethereum, our expected position is around 3,050. The lowest yesterday was 3,052, which marked the start of the rebound. It is currently in a consolidation trend, with a range between 3,080 and 3,130, and no significant volatility.
Dear friends, don’t just look at my daily updates—go support me on my pinned post and give me a boost. Use your little hands to help me get rich!
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ElezBedh
· 01-09 19:28
very beautiful project 👍👍👍
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Yixin
· 01-09 13:24
Hold on tight, we're about to take off 🛫
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ParnoRuslan
· 01-09 12:27
Guo Jinxi: 1.9 Bitcoin/Ethereum — long and short positions continue to generate profits. Will the nightly employment report be able to reduce market volatility?
#Gate广场创作者新春激励
Before tonight's non-farm payroll data release, the overall market trend was almost in line with our expectations. We also identified some relatively low entry points for Bitcoin and Ethereum in recent days, with profit-taking and trailing stops in place. There is no risk in waiting for the next profit target to arrive. The day before yesterday, we mentioned that Bitcoin's lowest expected level was around 89,200. It reached a low of 89,242 yesterday before starting to rebound. Currently, it is consolidating after the rebound. As with previous market conditions, there is data release in the evening, and the market generally does not experience significant fluctuations during the day. Currently, support is near the 90,000 level.
For Ethereum, our expected position is around 3,050. The lowest yesterday was 3,052, which marked the start of the rebound. It is currently in a consolidation trend, with a range between 3,080 and 3,130, and no significant volatility.
Dear friends, don’t just look at my daily updates—go support me on my pinned post and give me a boost. Use your little hands to help me get rich!