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7.3 Friday BTC/ETH Latest Operation Suggestions
From the current chart, affected by this month's non-farm payroll data coming in lower than expected and the unemployment rate hitting a new low, the market has started a rapid upward phase yesterday, with intraday gains of nearly 3,000 points. Although the 62,000 mark still has strong resistance, the bullish momentum is clearly strong, and there is still room for further upward movement.
From the 4-hour chart, after a period of bottom consolidation, it has now broken out of the consolidation range. If it can effectively break through the 62,000 mark, it is likely to continue testing the 65,000 resistance level. The MACD bullish volume continues to expand, the KDJ golden cross on the zero line is moving upward, and the bullish momentum is ample. The operation strategy remains to buy on dips!
Operation Suggestions:
BTC: Long at 60,500-61,000, target 62,000-62,500
ETH: Long at 1,640-1,660, target 1,750-1,770