The digital currency market has seen a "roller coaster" trend! Tonight's non-farm payroll data may trigger a new storm. Are you ready?



The recent digital currency market can be said to have made investors both excited and uneasy. Yesterday we adopted a relatively conservative strategy, and we exactly missed the two perfect southward entry points of BTC 61,100 and ETH 1,645. The prices hit those levels precisely and then pulled back, as if written in a script!

To be honest, after a month of accurate predictions, I almost feel uncomfortable, and sometimes I'm even scared by my own precision! Yesterday, suddenly holding a position felt a bit off, so my strategy was conservative. But since we chose a steady path yesterday, today we continue with this rhythm and patiently wait for better entry opportunities.

[Reference for Today's Trading Ideas]

For Bitcoin, pay attention to the resistance range of 62,400-63,600 above, and the support levels below are 60,500, 58,500, and 57,500 in order.

For Ethereum, the resistance range above is 1,678-1,720, and the support levels below are around 1,610, 1,550, 1,510, and 1,380.

[Key Focus]

The non-farm payroll data is coming early tonight! This data may have a significant impact on the global financial market and could even affect the subsequent policy direction of the Federal Reserve. Considering the moderate signals released by relevant officials last night, I personally lean toward caution. I would rather miss some opportunities than risk operations ahead of major news.

From a technical perspective, the daily level has some resistance near 62,200, and the lower band still shows a downward opening trend. Although short-term indicators suggest further upward potential, with the price pulling back slightly, the short-term indicators are beginning to show signs of a downward shift, indicating that the market may have some correction demand.

[Core View]

Remember, all technical indicators are just results of market performance, not causes. Combined with the continuous outflows from major institutions recently and tonight's upcoming non-farm payroll data, it is recommended that everyone remain rational in their operations and focus on a steady short-position strategy in the high range.

Facing tonight's non-farm payroll data, will you choose to wait and see or boldly position? Feel free to share your thoughts in the comments!

This article only represents personal views and does not constitute investment advice. The market carries risks; invest with caution.
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JiangfengCapital
· 07-02 07:18
DYOR 🤓
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JiangfengCapital
· 07-02 07:18
All-in one hand 🤑
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JiangfengCapital
· 07-02 07:18
Just go for it 👊
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JiangfengCapital
· 07-02 07:18
Just go for it 👊
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