On the day of the Nonfarm Payrolls, the market saw repeated back-and-forth swings, briefly holding the 60k level and continuing to test higher. At the moment, the daily resistance is around the BOLL middle band at 62.2k.

Of course, how will tonight’s Nonfarm Payrolls play out?

Based on the earlier period and Wednesday’s data, the odds of a bullish outcome are high. However, it’s expected to spike higher and then pull back, unless there’s a major positive surprise that could drive a brief run in one direction.

So we can go in with a light position for the first entry in the 61.5k–62k zone; for more conservative traders, you can wait to enter in the resistance area around 62.2k. $BTC