Thursday, Non-Farm Payrolls incoming, long first then short intraday

Tonight at 8:30 PM, the U.S. Non-Farm Payrolls report will be released. The market's focus is that after three consecutive months of strong growth, market expectations show that June U.S. Non-Farm Payrolls are expected to increase by 110k, lower than May's 172k, with the unemployment rate remaining at 4.3%. The average hourly wage year-on-year rate is expected to rise to 3.5%, with the month-on-month rate remaining at 0.3%.

If it follows the market's expectation of fewer jobs than in May, then it is likely bullish. Tonight might see a strong surge upward. There are too many retail investors recently expecting a new low. At this time, we cannot use inertial thinking to view the trend and current movement of BTC. In the short term, it's still range-bound.

BTC: go long in the 59700-60000 area, target first 62000, reduce position after breakout and aim for 62800. If 63000 is not broken, go short aggressively. ETH: same logic, go long in the 1580-1600 area, target 1680, after breakout reduce position and aim for 1720, then short high.#Gate股票转仓功能上线