$BTC Everyone can see that the overall market trend in recent times has been quite large, regardless of whether it is mainstream currencies or altcoins, the fluctuations have been significant. Bitcoin has now broken the ninety thousand mark, dropping to around 88500, and Ethereum has also lived up to expectations, falling below 3000. As we have mentioned in recent times, the overall trend is still primarily bearish, and it is not advisable to engage in long positions for the time being as it involves risks. On Thursday, the market is expected to remain relatively stable, and the non-farm payroll data in the evening is also quite important. If this round of data does not show much positive reversal, then Old Chen feels it might be worth directly focusing on 85000. From the current market perspective, the chances of a rebound are also not high. Currently, it is again testing yesterday's starting and ending points. Everyone should not panic; rebounds are a normal occurrence, and each round of rebound is also lacking in strength, with bulls unable to stir up significant waves in the short cycle. Therefore, for the future market, Old Chen still advises everyone to participate around the high short positions. Friends who are not doing well can also join our live trading. #加密市场回调
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