Unexpected Small Non-Farm Surprise, Short Positions Profited Again! 1.8 Bitcoin Auntie Strategy
US December ADP employment increased by 41,000, below the expected 50,000, indicating that the labor market's momentum is slowing as we approach 2026. Notably, small businesses have resumed hiring, while large corporations are contracting. As a result, US stocks surged then sharply retreated, and the coin prices did not follow the rally. The short position strategy given yesterday earned big profits, with Bitcoin gaining nearly 2,000 points and Ethereum over 100 points!
Bitcoin Auntie daily chart closed bearish but did not break below the 60-day moving average. Bollinger Bands are narrowing significantly, the KDJ indicator at the top has turned downward forming a death cross, and MACD volume is continuously shrinking. The overall trend is leaning towards bearish, so the rebound shorting strategy remains unchanged. This week’s main focus is still on Friday’s big Non-Farm Payroll report!
1.8 Short Position Strategy:
Bitcoin at current price 92,200-92,800, conservative traders enter at 93,500-94,000, with a stop around 95,000. Target near 91,500-91,000, and if broken, look at 90,500-90,000. Continue to move stop-loss as needed based on market situation!
Ethereum at current price 3,220-3,260, conservative traders enter around 3,300, with a stop near 3,350. Target near 3,150-3,130-3,100, and if broken, look at 3,050-3,000. Continue to move stop-loss as needed based on market situation!
1.8 Long Position Strategy:
Bitcoin retraced to 89,000-89,500, buy one lot, with a stop around 88,000. Target near 90,000-90,500-91,000. If broken, look at 91,500-92,000. Continue to move stop-loss as needed based on market situation!
Ethereum retraced to 3,020-3,050, buy, with a stop around 2,960. Target near 3,100-3,140-3,170. Continue to move stop-loss as needed based on market situation!
The short strategies given yesterday and the day before yesterday performed as expected, with two big wins. Although the small non-farm surprise was unexpected, it’s possible that the big non-farm report might produce a false data point to influence coin prices again. So everyone should pay close attention to the upcoming non-farm data! #MemeCoinMarketRebound