[US Non-farm Payrolls (NFP) cool BTC is acting rogue]
Let's pour some cold water today, don't get carried away by those "100x coins"!
Seeing a certain coin increase 100 times in a day, are you also tempted? Do you also want to jump in and make some money?
Wake up! This is all the big players fishing! They are just waiting for desperate retail investors like you to enter, and then they will catch you all at once!
Think about it, if you were the dealer, would you just watch the retail investors make money? Definitely not!
They will use various means to drive up the price, create FOMO, attract you to enter the market, and then cut you deeply!
It's like the Double 11 in e-commerce; will merchants really let you pick up bargains? Impossible!
Of course, in the coin market, there are big players eating small players, and small players harvesting leeks. But in the end, it’s still the leeks that pay the bill!
If you think of yourself as a martial arts master, having mastered the "Airdrop Dragon Capture Technique" and "Market Manipulation棒法", able to snatch money from the hands of the market makers, then forget what I said, feel free!
But if you are just an ordinary retail investor, then don't daydream!
Stay calm, analyze rationally, and don't let the hype cloud your judgment; only then can you survive in this brutal market!
🔥 Current Market Guide (2025 Easy Profit Version )
BTC: Yesterday it rose throughout the day, and after the US Non-farm Payrolls (NFP) data came out, it also saw a slight increase. After the U.S. stock market opened, there was a big bearish candle, making the day a net gain. When rebounding, it's better to take profits. In previous years, September usually sees more declines than gains!
GT: Following the fluctuations of BTC, it is clear that it is weaker than BTC, with no funds in these sectors. The market is nearing its end, and it's the last three months of the frenzy. If it's not right, hurry to run.
ETH: It dropped too sharply, losing over $200 in just a few minutes at night. Hundreds of thousands of Ethereum that were staked at the beginning of September are about to be released. It's best to take profits in batches; if it continues to rise, sell more!
Some important news from yesterday:
1. The U.S. adjusted non-farm payroll employment in August is 22,000, expected to be 75,000. The U.S. unemployment rate in August is 4.3%, expected to be 4.30%. Non-farm data is significantly below expectations, and the unemployment rate hits a nearly 4-year high.
2. An Ethereum ICO participant staked 150,000 ETH to ETH2 after 8 years of silence, worth approximately $656 million.
Let’s go back to today’s daily BTC technical analysis. From the K-line perspective, the 1-hour level is in a sideways trend and may rise, the 4-hour level is declining, the 12-hour level is rising, and the daily level is expected to rise. The intraday resistance is at 114000, with a support level of 107500 dollars.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% reverse leverage buff, don't blame me if the market slaps you in the face
#ETH #BTC