The US and Iran are clashing again—can Big Non-Farm Payrolls lift the coin price to keep pushing higher? May 8th Bitcoin Auntie’s Idea



The US and Iran are fighting directly in the Strait of Hormuz! After the U.S. military said it was attacked by missiles and drones, it retaliated; Iran claimed the U.S. launched an unprovoked attack, violating the ceasefire, and announced counterattacks that caused “major losses” for the U.S. side. The U.S. says it is not seeking to escalate the situation, and that “yellow-haired guy” is still insisting the ceasefire remains in place. Looks like they’re truly being cautious. The bearish outlook shared yesterday matched expectations—follow along and keep taking profits!

On the technical side, Bitcoin Auntie’s daily chart is basically a single solid bearish candle closing, with the morning-session shorts extending their decline. The Bollinger Bands are tightening sharply, the price has broken below the short-term moving averages, and the three KDJ lines are at high levels forming a bearish cross and starting to spread downward. The MACD is also about to form a bearish cross, and volume indicators are relatively weak. Overall, the bias is bearish. The key things to watch are the US–Iran situation and tonight’s Big Non-Farm!

May 8th Short Plan

For Bitcoin: short the rebound at 80500-81000, add to the short at 81500-82000. Targets are around 79500-79000-78500. If it breaks down, watch around 78000-77500-77000. Continue to move the stop-loss to lock in profit, depending on how it looks!

For Ether: short the rebound at 2330-2360. Targets are around 2280-2250. If it breaks down, watch around 2230-2200. Continue to move the stop-loss to lock in profit, depending on how it looks!

May 8th Long Plan

For Bitcoin: pull back to 76500-77000, go long one position, with a defense level around 76000. Targets are around 78000-78500-79000. If it breaks down, watch around 79500-80000-80500-81000.

For Ether: pull back to 2200-2230, go long one position, with a defense level around 2160. Targets are around 2270-2300. If it breaks down, watch around 2330-2360.

On Thursday, the U.S. trade court ruled that the latest 10% tariff measures implemented by that “yellow-haired guy” are invalid. This tariff-hike approach lacks a basis. But the coin price still hasn’t rebounded. Right now, the main thing is to see how tonight’s Big Non-Farm and the US–Iran situation develop. Overall, the trend remains bearish—especially Ether, which matches expectations—so just watch the evening data! #美伊冲突再升级
BTC-1.67%
ETH-1.92%
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ConanTrendIsKing
· 2h ago
Tariffs were ruled illegal by a U.S. court, but the price still hasn't rebounded. Right now, it's mainly watching how the large non-farm payroll report and U.S.-Iran developments unfold in the evening. The overall trend is bearish, especially with Ethereum meeting expectations, so let's just wait for tonight's data!
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