11.7 Evening BTC/ETH：
The current market is still in the consolidation phase before the non-farm payroll data, with the short-term repair rhythm unchanged. However, the larger trend remains under pressure, and the evening non-farm payroll data will be the key catalyst to break the consolidation pattern. Bitcoin currently faces multiple overlapping resistance zones above, and without core positive support, the rebound momentum continues to weaken. Overall, the focus remains on a bearish layout; Ethereum follows Bitcoin's rhythm, with limited rebound space and the bearish structure not yet changed.
Operational reference:
Before the non-farm payroll data is released, maintain a range trading strategy, with the core idea being to short on rebounds.
For Bitcoin, short positions can be set in the 102500-103500 range, with the first target at 100500-99000. If it breaks below the key support at 99000, it can be followed down to 96000-90000;
For Ethereum, short positions can be entered in the 3350-3380 range, with the initial target at 3280-3250, extending to 3150-3080 after a breakout.
