The big non-agricultural hand in hand encryption summit is coming, don't rush to catch the bottom! 3.7 big cake aunt's operation train of thought

Initial jobless claims came in slightly below expectations, which is slightly bullish for US stocks, but the US trade deficit hit a historical high, with a trade balance of -131.4 billion US dollars in January, the largest trade deficit on record. Additionally, the non-farm payroll report also unexpectedly disappointed, leading to a significant decline in US stocks after a slight rebound from the lower opening.

Yesterday's shorting strategy perfectly matched the market trend, giving a short position for BTC at 91500-92000 and for ETH at 2280-2200, both entry points were quite accurate. This wave of shorting retraced BTC to 87790 and ETH to around 2175. Friends who followed this trade made a profit again!

Technically, the daily chart shows a nearly equal bearish candlestick with a small upper shadow, the Bollinger Bands are narrowing, the coin price is running below the middle track, the KDJ three lines have a second divergence with the golden cross pointing upwards, the J line is currently slightly slowing down, the MACD is turning upwards from a low level to form a preliminary golden cross, and the trading volume is showing initial signs. In the short term, the daily chart still looks bullish, but the middle track continues to move downwards, and there is still a risk of a pullback at 90,000 and 91,000.

The evening's big non-farm is coming, coupled with the official start of the encryption summit at 2:30 in the morning, which is expected to last until the next morning. Given the surprise of the small non-farm, the non-farm data is unlikely to perform well! Therefore, Conan suggests mainly shorting at high levels for intraday operations! Pay attention to the resistance levels at 92000, 93000, 93500, and 95000 above, and the support levels near 86300, 85000, 84000, and 82500 below.

3.7 cake strategy: Aggressive rebound 90500-91000 short entry, 91500-92000 replenishment, defense near 93000, target 90000-89000, breakthrough 88000-87500, continue to hold part of position as situation unfolds!

3.7 Ethereum strategy: short at the rebound of 2230-2260, add positions at 2280-2320, defend near 2370, target around 2200-2150, break position look at around 2100-2050

Long idea: If the non-farm payrolls data is better than expected and is good for US stocks and the cryptocurrency circle, or if positive news comes out from the encryption summit, you can try to go long. Enter after the intraday pullback stops falling! Manage stop-loss and take-profit levels according to your own position! Do not hold positions stubbornly!#2024 Q4季度 GT 销毁完成 #白宫加密峰会 #加密市场反弹