$ETH


The evening nonfarm employment data directly affects the valuation of the US dollar and risk assets. The current resistance zone above ETH at 1660-1690 has accumulated over 77 million USD in selling pressure from leading short positions. To avoid stop-loss triggers from short-term wick sweeps, it is recommended to go short near 1670-1690. The key support is below at 1620-1600.
ETH3.58%
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GateUser-eb706989
· 07-02 15:04
The short selling pressure at 1660-1690 is indeed a bit scary. I plan to wait and see the reaction after the data comes out.
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BribeCoffee
· 07-02 14:34
77 million dollars hanging overhead—this wave is advised to short around 1670; just set your stop-loss.
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AirdropOnTheDune
· 07-02 14:07
Non-farm payroll data comes out tonight, risk assets will definitely have high volatility, whether the 1620 support can hold is crucial.
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SeaSaltMarketMakingNotes
· 07-02 13:14
If 1600 is broken, we're screwed. I'll first place a short order at 1680 to test the waters.
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