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BTC
Currently, Dabao Coin continues to fluctuate. The rebound from around 58k was insufficient, and now it's ranging between 59k and 60k.
At this stage, trading is tricky. Chasing longs risks a weak rebound and pullback, while shorting could face a reversal from support at 58k. Key range: support 585xx-595xx, resistance 615xx-625xx. Only if it firmly holds above 615xx-625xx will the short-term trend improve; continued pressure means it's just a correction within a downtrend. If it breaks below 58k and fails to recover, it will continue to wash out.
Non-farm payrolls are coming, and the market is seeing frequent spike wicks and stop-loss hunts. It's not advisable to predict a directional move in advance; wait for a breakout before trading.
Do you think the support at 585xx will hold? Will there be a deep shakeout before or after the non-farm data? $BTC