Non-farm is nothing more than this, it goes without pain or itch. Today's overall market summary is merely a rebound and repair; the market momentum is obviously damaged, and market sentiment has once again plunged into a low period. In terms of actual positioning, early morning short positions in Ethereum were set, entering short positions at the 2973 line and successfully gaining 70 points of space. Today's overall operation of Bitcoin is somewhat disappointing, and the short opportunities have not provided us with ideal space. The evening layout for short positions in Bitcoin will be at the 87593 line after replenishing positions, while Ethereum is currently in a holding phase at the 2973 line.
The current market operation momentum is relatively weak, and the market adjustment is quite evident. At the daily level, the K-line is currently running in the lower band of the Bollinger Bands, and the market is gradually being opened up, with the lower track gradually under pressure and probing downwards, indicating that the market's bearish trend is gradually taking shape. At the four-hour level, the three tracks of the Bollinger Bands are synchronously extending downwards, and the market's bearish sentiment is very obvious. After rebounding to the middle track of the Bollinger Bands in the evening, it once again faced pressure and fell back. Short-term rebound momentum is clearly insufficient, proving that the subsequent downturn will continue. The bearish pattern of Ethereum is more obvious, and the rebound momentum is significantly lacking, with no breakthrough signs at the 3000 mark; the market's bearish sentiment is very stable. In subsequent layouts, one can re-enter short positions upon a rebound.
Bitcoin short in the 87500-88000 range Target 86000
Ethereum short in the 2950-2980 range Target 2870
