#Gate广场五月交易分享 The job market is stabilizing, and the Federal Reserve's hold makes it difficult for the bulls to continue! May 9th Bitcoin Auntie's Evening Strategy

Last year, U.S. employment nearly showed zero growth, but this year's employment data is exceptionally strong. On Friday, the non-farm payroll report indicated that the U.S. labor market is stabilizing. Although labor demand remains weak, layoffs have stayed at low levels, and tax cuts have provided a boost to consumer spending and corporate investment. However, in recent months, U.S. employment data has been quite volatile, swinging between sharp increases and sharp declines, making it hard for the market to assess overall economic health. But based on the data, the Federal Reserve definitely will not cut interest rates anymore. The short-selling idea given on Friday can only yield a quick profit. The highest point this week aligns with expectations—follow it to make gains!
On the technical side, Bitcoin Auntie's daily chart shows a small bullish candle. Despite data exceeding expectations, the Middle East situation remains unstable, making it hard for the bulls to continue. Additionally, the KDJ indicator's three lines are crossing downward and diverging, indicating a bearish technical outlook!
May 9th Midnight Short-Selling Strategy
For Bitcoin, continue shorting on rebounds between 80,500-81,000, add positions at 81,500-82,000, with targets around 79,500-79,000-78,500. If broken, look for 78,000-77,500-77,000, and continue moving stop-losses accordingly based on market conditions!
For Ethereum, continue shorting on rebounds between 2,330-2,360, with targets around 2,280-2,250. If broken, look for 2,230-2,200, and continue moving stop-losses based on market conditions!
Weekend Long-Position Strategy
Bitcoin retraces to 76,500-77,000, buy one lot, with a stop around 76,000. Targets are around 78,000-78,500-79,000, and if broken, look for 79,500-80k-80,500-81,000.
Ethereum retraces to 2,200-2,230, buy one lot, with a stop around 2,160. Targets are around 2,270-2,300, and if broken, look for 2,330-2,360.
Although the 10% tariff was deemed illegal and not collected, and non-farm payroll data is positive, this week Iran's Revolutionary Guard confirmed clashes with U.S. warships, and U.S. fighter jets directly attacked two Iranian oil tankers. These gunfire sounds are undoubtedly making the ceasefire precarious, so everyone should be cautious about chasing the rally! Although the downward momentum in the market is temporarily insufficient, there are not many positive supports either! #BTC returns to 80k