July 2 Li Jingyue Bitcoin Thoughts

The non-farm payroll data is about to hit heavily. Will longs rise amazingly or shorts suppress strongly? Jingyue breaks down all the information and shares it with everyone!
Previously, every round of high-low point switches and long-short turning points were all predicted and realized by Jingyue in advance. The strategy of laying out along the downward channel has been repeatedly confirmed by the market.
Last night, the US stock market opened weak and then recovered with oscillations. Combined with Walsh's speech easing interest rate hike fears, Bitcoin rebounded accordingly, touching the 61300 level, forming a short-term repair rally within the descending channel. From the 4-hour technical perspective, the price formed a V-shaped rebound structure, touching the upper resistance of the downward trend. The middle Bollinger Band at 60700 formed strong resistance. RSI and KDJ simultaneously entered the oversold repair zone, and long momentum was significantly depleted.
Tonight, the non-farm payroll data will be released. From the forward-looking perspective, it can be seen that the rise in non-farm wage expectations suppresses easing expectations. Only if both employment and wages weaken simultaneously will it be short-term bullish for coin prices; stronger data will be bearish and drive downward. The overall trend is bearish. Short-term long positions are only suitable for light positions with quick entries and exits. Lay out short orders based on the 61000-61300 range. If it breaks above 62000, you can wait and see in the short term. The first target is to look down to 59100. If it breaks, look to 57600#Strategy拟回购股票 #BTC $BTC