The positive impact of yesterday’s nonfarm data coming far below expectations is still being digested slowly. In the short term, market “FOMO” sentiment remains high, and ETH’s current momentum is clearly stronger than BTC’s—this further confirms our rebound plan for tonight.

ETH’s daily chart has already entered the overbought zone. This round of recovery is only a correction after a major sell-off. Combined with the continued “fermentation” of the nonfarm data’s impact, the upward momentum is gradually running out. In the short term, we can look to go long in line with the trend. As price moves up toward the heavy pressure near the upper Bollinger Band, you should not chase higher blindly. After absorbing the pressure, it will still return to the overall downtrend rhythm. $BTC $ETH #USD1链上质押享年化8.26%