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Non-farm data performance below expectations, market risk aversion sentiment heats up. The early morning BTC and ETH short ideas are close to expected movements. As of now, Bitcoin has fallen nearly 2000 points, and Ethereum has dropped about 150 points. Traders who followed the trend promptly may consider taking profits in batches or setting trailing stop-losses to lock in gains.
For investors who have not yet entered the market, there are still opportunities to position during the rebound phase. From a technical perspective, Bitcoin faces significant resistance in the 93000-93500 range, and it is recommended to look for shorting opportunities within this range; Ethereum has formed testing opportunities around 3220-3250, which can serve as a reference for entry during rebounds.
In the short term, market sentiment is relatively weak, and risk appetite is declining, but attention should also be paid to the possibility of technical rebounds. It is advised to control risk exposure and strictly implement stop-loss plans.
Oh no, the short position really exploded. I didn't check this morning and just went all in. Now I kind of regret it.
Falling so sharply, can a rebound really happen? Or should I keep smashing?
That 93000 level doesn't seem to have much pressure, could it break even lower support...
Stop loss, stop loss, I'm tired of hearing it. Is this time really going to be serious?
ETH's 150-point profit isn't bad, but I'm just mentally exhausted.
Damn, this non-farm payrolls data directly broke through, following the big brother to earn 2000 points in profit.
93500 is really too tough to handle, so I think I'll keep shorting.
Rebound and still want to lay low? I doubt it, it depends on whether there's support below first.
ETH's 150 points are so gentle, but why does it feel like there's not enough momentum?
Stop-loss is set, should I be greedy, everyone?
The market is so timid, who still dares to take over?
I'm bearish to the end; technical rebounds are just to harvest the leeks.
93000-93500 is indeed a good sniping position, I'm waiting.
As soon as the non-farm payrolls data is released, we'll know if it's serious this time.