3.6 Evening Strategy

Tonight's market focus is on the U.S. Non-Farm Payrolls data, which is the key indicator determining the short-term market trend. Based on the combined assessment of this week's published ADP and initial jobless claims data, the overall employment performance is relatively strong, and liquidity expectations are leaning towards tightening, which exerts a bearish pressure on the crypto market; the Non-Farm Payrolls data is likely to exceed market expectations, potentially causing significant market volatility.

Bitcoin has retreated from the high of 74,000, with increasing divergence between bulls and bears, and the market is entering a critical decision-making period. On-chain spot buying remains solid, order books are balanced, and long-term conditions are improving, providing support below; however, trading volume continues to be weak, and technical divergence at high levels is evident. The current rebound appears more like a resistance test, with short-term downside risks still present.

Friday Night Strategy

Bitcoin: Around 71,000–71,800 for a high-altitude short position, watch 70,000–68,500

Altcoin: Around 2,090–2,130 for a high-altitude short position, watch 2,035–1,990–1,950$BTC $ETH