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#美国终止政府关闭 The longest government shutdown in U.S. history finally came to an end on November 12. Trump signed a temporary funding bill, ending the 43-day impasse, but the data release schedule remains a mess.
The Ministry of Commerce announced that the revised value of GDP for the third quarter will be released on November 26 at 21:30. On the same evening at 23:00, there will also be the October personal income, expenditure, and PCE index. From the Bureau of Labor Statistics, the non-farm payroll report for September will be released next Thursday at 21:30, and the actual wage data for September will be reissued on the 21st, but it is still uncertain whether the October CPI will be released. Periods of dense data often accompany volatility, and this market trend is worth paying attention to.
From a technical perspective, the four consecutive daily declines of BTC have been broken. This morning, both BTC and ETH closed with bullish candles with upper shadows, and prices are hovering near the lower band, while the upper band is seriously converging. The momentum of KDJ and MACD has noticeably slowed down, and the bearish strength is weakening. In this situation, contrarian thinking may be a better choice - even if there is another dip after the data is released, the low levels might attract institutions to enter and buy the dip.
**Long Position Strategy Reference:**
Consider entering a position if BTC pulls back to the 94500-95000 range, while conservative players should wait for 93500-94000. The defense level is around 92700, with initial targets set at 96000-96500-97000. After breaking through, pay attention to 97500-98000-98500.
ETH can be entered when it pulls back to 3070-3110, or conservatively wait for 3000-3030. Set defense around 2950, with target levels at 3200-3250-3300, and further breakthroughs looking at 3350-3400.
**Short Position Strategy Reference:**
If BTC rebounds to 98000-98500, you can try to short, with a stop loss around 99000, aiming for 97000-96500-96000. If it breaks, continue to look at 95500-95000.
If ETH rebounds to 3300-3330, you can short one hand, with a defense around 3360, targeting 3250-3200, and further looking down to 3150-3100.
Lastly, let me say this: leveraged trading is most afraid of holding a heavy position stubbornly. With an unstable mindset, you won't be able to earn money outside your understanding. How much you lose is up to you, while how much you earn is determined by the market. Small losses and big gains can snowball, while small gains and big losses will always lead to being a victim.