A Brief Discussion on Why the Market Pulled Up 3000 Points Tonight, and Then Fell 4000 Points?
First, let's talk about yesterday's employment data. The data released last night raises a question mark,
Why is the employment rate performing very well while the unemployment rate is increasing? Isn't this obviously a lie? Falsifying or revising U.S. data has become the norm. Will there be another rate cut in 2026? Or will they hit the pause button? Is it a cut of 25 basis points or 50 basis points that we should be paying attention to?
As the news of interest rate hikes approaches, the market is also experiencing frequent fluctuations.
Recently, everyone can see from reports by various media and institutions that whales are buying in with unlimited firepower. With so much capital inflow and positive news, why is the market still stuck in this range without breaking out significantly? We should pay attention to this. The Bitcoin price has been fluctuating around 88 for a short time, waiting for retail funds to enter, thinking this is a safe position. However, positions that seem safe are often not safe. Remember 'dark under the lamp'; waiting for excessive inflow will lead to a spike and then the market will start dumping. The fear index is rising higher. Pay attention to the following two positions: 857 and 826. Personally, I still recommend focusing on short positions, and long positions can only capture rebounds.
Today's bullish and bearish trends are evident to all. Look for long positions near 865, targeting 882-887-894. These three positions all reached a high around 9003. For short positions, be vigilant at 891, and below, we still see the community mentioning that if it breaks below 86 here, it will continue to decline. (The above is purely personal opinion) $BTC #巨鲸动向
Mountains beyond mountains, buildings beyond buildings, when will the flood of pancakes come to an end? Still the same, 86 million must not break the level, if it breaks, then it will be the next range. $BTC #巨鲸动向
Joking about the hindsight, is it just to go up more and short down? The golden gun is firing at you, long position 894 exits, short position 891 enters, there aren't many overall thoughts compared to this, $BTC #巨鲸动向
US stocks opened high, things have been going smoothly lately, follow the market trends over there, and the secret tells you to treat your wife better and good fortune will come. $BTC #巨鲸动向
On December 17th, will BTC and ETH have unexpected effects?
The U.S. employment data performed well, but the unemployment rate unexpectedly rose. More people are working, but there are even more unemployed individuals. Is there a problem with this data?
After the release of two key data points last night, the market reacted strongly: BTC slightly rose, ETH temporarily broke through yesterday's high, and the dollar quickly fell back. The data clearly revealed the weakness of the economy, which significantly increased the market's expectations for the Federal Reserve to accelerate interest rate cuts. Under this expectation, it is completely normal for short-term positive news to drive market rallies.
Yesterday, we positioned ourselves for a short near 877. After the non-farm data was released, it briefly dipped to around 860 but did not break below 860 and started to rebound. Last night, we again took a short position above 88, looking for a break below 867. Overall, yesterday's high short strategy was correct.
Today, we will look for long positions first and then for short positions.
For BTC, we suggest looking for a long position, aiming for a breakout at 88200 to target 88700-89400.
For short positions, we will enter near 886-891. (Manage your stop-loss according to your position size) $BTC #巨鲸动向
Is it said that it can't be pulled anymore, it turns out that Brother Ma Ji has started again, thank you Brother Ma Ji for the wealth password sent. $BTC #巨鲸动向
On December 16, BTC and ETH faced another setback in the early hours.
From some intuitive messages, we can see that market whales and institutions are announcing how many long positions they hold and how much they are losing. In essence, many retail investors are blindly trying to catch the bottom in this wave. A very clear significant positive news was the Federal Reserve's major interest rate cut, which pulled the market deeply from 90,000 to around 94,000, then quickly pulled back near the 90,000 mark, clearly signaling a downward trend.
As interest rate hikes gradually approach, the market remains turbulent. Last Friday, the key long-short top-bottom conversion near 93,000 still indicated to enter short positions; please do not catch the bottom with static posts. Yesterday, we still maintained a bearish outlook, with a short at 89,700 for ETH and 3,165 for BTC.
At 21:30 tonight, the U.S. non-farm payroll report for October-November will be released. Given that Federal Reserve Chairman Powell previously cited a weakening job market as a primary reason for interest rate cuts, if this week's employment data shows weakness, the dollar may face further selling pressure before the end of the year.
BTC trading advice: 87,200-87,700 short, target 86,000 breaking down to look at 84,700-83,700.
ETH trading advice: 2,990-3,015 short, target 2,885 breaking down to look at 2,850-2,800$BTC #巨鲸动向 .
I woke up and checked the information, poor Brother Maji was liquidated 10 times again, with a total of 200 liquidations. Brother Maji, I'll let you know when I bottom out. $BTC #巨鲸动向
Dreams set sail. Brothers, do we still have needles after sleeping? A connection needle position is hung. Remember to prepare defense before sleeping. Good night $BTC #巨鲸动向