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The market has stabilized above the 70,000 level for three consecutive days, and market sentiment is gradually easing and improving. Tonight's non-farm payrolls forecast is a major positive! The market is proceeding as usual! Today presents great opportunities. Are you ready?
Just now, BTC tested a low of 70,339 with a small dip, briefly breaking below 70,825 and then recovering. The strength was not as strong as predicted in last night's live broadcast, which suggested a false break below 70,000 followed by a rebound. This indicates that as we approach 70,000, bulls are more willing to exert effort!
Additionally, tonight's non-farm payrolls forecast is a major positive. Despite such a large conflict between Iran and the US, BTC has stabilized. The 20-day trend I’ve been mentioning is reaching a moment that confirms the strongest confidence in BTC/ETH spot positions in nearly two years, and the value is still increasing!
BTC
Support levels: 70,825 / 65,500 / 62,800
Resistance levels: 83,896 / 85,168 / 93,000
Key levels: 70,825 / 67,150 and 75,475
Intra-day retracement testing, boldly allocate 1% in the first position to play the evening non-farm payrolls forecast. If you wait until the data is released to act, that’s not strategic positioning, that’s gambling!
ETH
Support levels: 1,960 / 1,830 / 1,600
Resistance levels: 2,460 / 2,749
Key levels now are 2,225 and 2,065. Follow the trend of BTC. If it breaks through 2,225, it could open up a 200-500 dollar increase space. There’s no clear take-profit level at the moment, as yesterday’s test at 2,065 was consistent with BTC at 70,825.
In terms of operation: retracement long positions are fine. Friday presents a good opportunity to seize a wave!