The Labor Department's leaked data for long orders meets expectations, and the pullback can continue lying in ambush! 11.19 BTC ETH strategy

The Labor Department's "technical error" has leaked astonishing data: the number of people continuing to claim unemployment benefits soared to 1.957 million in mid-October, which may indicate that the unemployment rate will likely remain at a high level in October... The latest released minutes from the Federal Reserve's October meeting show that the debate over whether to continue cutting interest rates in December is exceptionally intense. As key economic data is delayed due to the government shutdown, policymakers are in serious disagreement over the assessment of the labor market and inflation trends. Last midnight, the coin price fell sharply, but it rebounded to cover a position, and the long order has already made a small profit and exited. While replenishing the position, I also opened another long order, and I am currently using a trailing stop loss to see if I can make a move!

The daily BTC and ETH closed with a bearish candle, but with a long lower wick, quickly rebounding after a dip, mainly due to a decrease in the probability of a Federal Reserve rate cut. However, NVIDIA's earnings report performed very well, which led to the rebound. If you have a long order, you can move your stop loss to lock in profits! For those who haven't entered, continue to lie in ambush during the pullback, and pay close attention to the non-farm payroll and unemployment rate data tonight!

11.20 long order strategy:

Enter a long order for BTC at the retracement of 89500-90000, for more conservative traders, enter at 88500-89000, with a stop loss near 88000. The target is set around 91000-92000-92500, if it breaks, look at 93000-94000-95000. Continue to move the stop loss up based on the situation!

Enter a long order for ETH on the pullback at 2930-2970, for conservative traders at 2870-2900, with a stop loss near 2850. The target is set at around 3050-3100-3150, and if broken, look at 3200-3250-3300. Continue to move the stop loss to protect profits based on the situation!

11.20 short order strategy:

Short one BTC at the rebound 95500-96000, with a stop loss near 96500, targeting around 94500-94000-93000, breaking down to around 92500-92000.

Short one position on ETH rebound at 3230-3270, with a stop loss around 3300, targeting 3200-3170-3130, and if broken, look at 3100-3050-3000.

When playing with leverage, the biggest taboo is to hold a heavy position. Without strong psychological quality, you will definitely not earn beyond your understanding. How much you earn is determined by the market, and how much you lose is up to you! Earning small and losing big will always make you a retail investor! #美联储会议纪要将公布