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Thursday, Nonfarm Payrolls are here! Wage levels are key—can they turn the tide?
Yesterday, a series of long signals were issued. During the live broadcast, we pointed out a bullish breakout, and we went long from 585 to 60888, easily hitting targets on both long orders! It was a bit of a faith booster for the boys! But we pushed too hard yesterday... took a night to recover. Today, with Nonfarm Payrolls, we keep going! Everybody stand up!
The key points lie in tonight's Nonfarm Payrolls + wage data: Based on current market sentiment, it shouldn't be too far beyond expectations. Wages are the most important inflation sub-item for the Fed, with a higher weight than new employment numbers, and have a stronger impact on market trends.
Boys, we can't predict the actual data itself. Now we can only judge the direction through forward guidance and market sentiment! Tonight, I personally lean toward employment data coming in within the 11-13 range.
Wages are the focus:
1. Slightly below the level, annual rate <3.4%, monthly rate <0.3%. I lean toward buying dips low and looking for a rise to 638.
2. If in line with expectations, it will maintain the current oscillation and recovery trend—still buy dips low.
3. If it exceeds expectations, it will directly be bearish, breaking 580. Short immediately on the spike! All macro bullish logic from yesterday will directly become invalid!
Yesterday's four macro data points collectively weakened, which is absolutely bullish for the crypto sector. From early morning to now, the market has been oscillating and recovering, stabilizing above 595, with a transition before Nonfarm Payrolls. After data, we look for a unilateral trend!
Bitcoin: intradaily long in the 597 area, targeting 608-626-638!
Ethereum: following the same, targeting 1658-1718!
Today's box bottom is at 580-587, resistance at 618-638!
Boys, go all out today! $BTC $ETH $GT #预测世界杯葡萄牙VS克罗地亚 #非农数据倒计时 #OUSD稳定币上线