May 8 Evening BTC/ETH Misen Strategy

It's another major night, as the Federal Reserve just finished its interest rate meeting in May, and tonight's non-farm payrolls will be an important indicator. If employment data shows a clear slowdown, the probability of a rate cut in September will further increase; if the data is strong, expectations for easing will be suppressed. Remember to pay attention to market feedback around 20:30.

BTC: The position has basically not changed, still consolidating between 79,300 and 79,800 during the day. Support down at 78,500, with targets at 80,400-81,000, and higher at 81,700. For trading, it’s recommended to do swing trading, as the trend during this chaotic period is not clear. If good positions are available, many can participate.

ETH: Confirmed the support at 2,268 during the day. The old problem is that it only stops falling without recovery. The intraday volatility is not large, likely waiting for news during the night session. I’ve marked the box ranges on the technical chart. If the night session news causes increased volatility, for example, a spike down to the lower boundary of the second box near 2,197, then you can try to buy with a 2,170 stop. Stay patient and be prepared. #比特币跌破8万美元