7.2 Evening Market Analysis

The market has been swinging back and forth recently, with long and short positions constantly exchanging, and volatility continues to expand. A clear trend will soon emerge, with tonight's 20:30 non-farm payroll data being the key dividing line.

Currently, the K-line is forming a descending wedge structure, with a greater likelihood of an upward breakout. However, we must also guard against a short-term sharp decline due to weaker-than-expected employment data.

The intraday core support range is 59200. If this level holds, then 57700 will be the阶段性 bottom of this round; if support is lost, the market will likely go to 57500 for a second bottom before rebounding and recovering.

BTC faces resistance at the 61500-62000 range on the rebound, with support below at 59200 and 59700;
ETH faces resistance at 1650-1680 on the rebound, with support below at 1580 and 1550.#非农数据倒计时