Midday$ETH Market Analysis

Tonight, the non-farm payroll, unemployment claims, and wage data will be released together. U.S. stocks are likely to rise at the open, and the market is optimistic that U.S. employment data will weaken, putting pressure on the dollar and benefiting cryptocurrencies. ETH has upward momentum.

Even if the data is bearish and causes a brief drop in the market, as long as key support holds, it is a good opportunity to go long at low prices. Tonight's overall environment favors the bulls. Shorting is difficult to manage, and even a slight rebound can easily lead to losses. Therefore, in terms of operation, it is only recommended to accumulate ETH long positions on dips.#Circle股价重挫17%