5.8 Awei Evening BTC/ETH Market Analysis and Trading Strategies

The non-farm payroll data will be released tonight, and market volatility is likely to further increase! The previous data was relatively high, so this result is very critical. Slightly exceeding expectations could cause market sentiment to change instantly.

Currently, the focus is on whether the four-hour lower boundary support can hold. If the rebound cannot stabilize effectively, the resistance around 80,800 will still be strong, and the bearish trend remains dominant.

In terms of operations, continue to adopt a high-short mindset during rebounds, avoid blindly chasing rallies, and wait for the right levels and rhythm before taking action.

BTC: Short positions can be arranged in the 80,500-81,000 range during the rebound, with targets at 79,200-78,500;
ETH: Short positions can be arranged in the 2,310-2,330 range during the rebound, with targets at 2,280-2,250.

One sentence:
Data releases at night are most likely to cause swings back and forth, don’t be led by emotions, be patient and wait for the right levels, riding the trend is the key. #美伊冲突再升级 #WCTC交易王PK $BTC $ETH