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非农就业人数大幅降温

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美国10月季调后非农就业人口仅增1.2万人,为2020年12月以来的最小增幅,反映出就业市场的显着放缓。该数据远低于预期,随着就业增长降温,通胀和利率走向是否会随之调整?是否会如专家预测11月降息25个基点?
暴富日记
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The main reason for this pullback is the uncertainty of the US presidential election. According to the latest polls, Harris's approval rating has begun to lead Trump again, which makes the market a little worried that Trump may lose the election. In addition, the core PCE data in September was lower than expected, recording the largest drop in nearly six months, and the previous value was also raised from 0.1% to 0.2%, which led to a cooling of market expectations for a rate cut in November, and even concerns about a pause in the rate cut. In addition, the global stock market also suffered a drop in the three major indexes, and this macro environment further put pressure on prices. Under the interweaving of multiple factors, BTC's trend faces challenges in the short term. These have affected market sentiment and confidence. The trend of the entire altcoin market is a mess. Even if some currencies have risen, they are short-lived and have not continued to rise. This is mainly due to the fact that various platforms have launched new coins to cut leeks, the endless unlocking of project parties, and the accelerated removal of the so-called non-compliant currencies they screened by the big platforms, especially the decline of Ethereum. These are all the reasons for the poor market of altcoins. Although Bitcoin is only a millimeter away from its historical high, this is not a reflection of the bull market. It is just the sensational effect of the US presidential election. There are only 5 days left until the US presidential election. After the recent washout and sideways trading, and the indicators have been repaired, Bitcoin will break through the historical highs and set new highs at any time. Although Bitcoin has fallen sharply at present, fortunately, the key support position is still stable. It is not clear whether today's non-agricultural data will continue. If you follow the trend, it is still mainly short. The big Yin engulfed the decline on the daily line, and the trend is continuous. However, it is common to see a big Yin retracement in the long-term rising pattern. There is no bull that only rises but not falls, and there is no short that only falls but not rises, so whether it is a single Yin or a continuous Yin still depends on the continuation of the pattern. At present, this callback has not fallen below the key support position. In terms of form, it is still regarded as a correction trend in this rise. #非农就业人数大幅降温
The main reason for this pullback is the uncertainty of the US presidential election. According to the latest polls, Harris's approval rating has begun to lead Trump again, which makes the market a little worried that Trump may lose the election. In addition, the core PCE data in September was lower than expected, recording the largest drop in nearly six months, and the previous value was also raised from 0.1% to 0.2%, which led to a cooling of market expectations for a rate cut in November, and even concerns about a pause in the rate cut. In addition, the global stock market also suffered a drop in the three major indexes, and this macro environment further put pressure on prices. Under the interweaving of multiple factors, BTC's trend faces challenges in the short term. These have affected market sentiment and confidence.

The trend of the entire altcoin market is a mess. Even if some currencies have risen, they are short-lived and have not continued to rise. This is mainly due to the fact that various platforms have launched new coins to cut leeks, the endless unlocking of project parties, and the accelerated removal of the so-called non-compliant currencies they screened by the big platforms, especially the decline of Ethereum. These are all the reasons for the poor market of altcoins. Although Bitcoin is only a millimeter away from its historical high, this is not a reflection of the bull market. It is just the sensational effect of the US presidential election. There are only 5 days left until the US presidential election. After the recent washout and sideways trading, and the indicators have been repaired, Bitcoin will break through the historical highs and set new highs at any time.

Although Bitcoin has fallen sharply at present, fortunately, the key support position is still stable. It is not clear whether today's non-agricultural data will continue. If you follow the trend, it is still mainly short. The big Yin engulfed the decline on the daily line, and the trend is continuous. However, it is common to see a big Yin retracement in the long-term rising pattern. There is no bull that only rises but not falls, and there is no short that only falls but not rises, so whether it is a single Yin or a continuous Yin still depends on the continuation of the pattern. At present, this callback has not fallen below the key support position. In terms of form, it is still regarded as a correction trend in this rise.

#非农就业人数大幅降温
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Bearish
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If Harris is elected, where will Musk go?The 2024 US election is about to come to an end. If Harris is successfully elected, it will undoubtedly be a major turning point for technology giant Elon Musk. The business empire he created will inevitably face many challenges and choices under the new political situation. Musk has always set off one revolution after another in the field of science and technology with his bold innovation and fearless pioneering spirit. Tesla's electric cars have changed people's perception of transportation, and SpaceX's rockets have pushed the dream of human space exploration to a new height. However, Harris's election may bring a series of problems to Musk.

If Harris is elected, where will Musk go?

The 2024 US election is about to come to an end. If Harris is successfully elected, it will undoubtedly be a major turning point for technology giant Elon Musk. The business empire he created will inevitably face many challenges and choices under the new political situation.

Musk has always set off one revolution after another in the field of science and technology with his bold innovation and fearless pioneering spirit. Tesla's electric cars have changed people's perception of transportation, and SpaceX's rockets have pushed the dream of human space exploration to a new height. However, Harris's election may bring a series of problems to Musk.
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Recently, a friend of mine invested just $600 in a Meme coin, and in a short period, it skyrocketed to a staggering $2 million in wealth. This "striking gold mine" story quickly sparked a wave of investment in Meme coins.🌟 However, is this opportunity really suitable for everyone? According to my research, the reality may not be as optimistic as it seems. About 80% of retail investors suffer losses in Meme coin trading, and this market hides extreme volatility and uncertainty. Large investors manipulate market trends, making it difficult for ordinary investors to cope. They often hold a majority of the market's chips, inducing retail investors to follow suit in order to reap massive profits. Even if you have the chance to showcase your intelligence, while managing risks, you must also realize that the Meme coin market is essentially a zero-sum game. We need to remain vigilant at all times, rather than just indulging in an illusion of seemingly easy wealth. Despite this, I decided to fully invest in MEME at the current low price of 0.01, believing that the future target price should far exceed this! Trusting my judgment, the opportunity to secure profits is just in the next wave!📈 Embrace the chaos but watch out! #投资有风险 #Meme币狂潮 Related coins: $MEME $BTC $ETH #非农就业人数大幅降温 #你问我答 #美国大选后涨或跌?
Recently, a friend of mine invested just $600 in a Meme coin, and in a short period, it skyrocketed to a staggering $2 million in wealth. This "striking gold mine" story quickly sparked a wave of investment in Meme coins.🌟

However, is this opportunity really suitable for everyone? According to my research, the reality may not be as optimistic as it seems. About 80% of retail investors suffer losses in Meme coin trading, and this market hides extreme volatility and uncertainty. Large investors manipulate market trends, making it difficult for ordinary investors to cope. They often hold a majority of the market's chips, inducing retail investors to follow suit in order to reap massive profits.

Even if you have the chance to showcase your intelligence, while managing risks, you must also realize that the Meme coin market is essentially a zero-sum game. We need to remain vigilant at all times, rather than just indulging in an illusion of seemingly easy wealth.

Despite this, I decided to fully invest in MEME at the current low price of 0.01, believing that the future target price should far exceed this! Trusting my judgment, the opportunity to secure profits is just in the next wave!📈 Embrace the chaos but watch out! #投资有风险 #Meme币狂潮

Related coins: $MEME $BTC $ETH #非农就业人数大幅降温 #你问我答 #美国大选后涨或跌?
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Although the non-farm employment data in October was "disappointing," it did not trigger panic about the job market. The current data may temporarily lose its reference value. This period recorded employment data of 12,000 people, which was lower than the expected 113,000 and significantly below the previous value of 223,000. From the data, it essentially belongs to a big miss, but we note that it has not raised doubts about economic instability due to the abnormal employment data. The core reason is that the unemployment rate remained at 4.1%. A short-term significant drop in employment did not lead to a surge in the unemployment rate, and the labor force participation rate did not decline. These two data points ensure the potential stability of the job market. Additionally, in October, due to the impact of hurricanes in the U.S., there was a significant short-term increase in initial jobless claims for that week, and this factor also affected non-farm employment data. Regardless of whether the market believes the data is influenced by weather conditions, it is important to see whether the market accepts it. Currently, the pre-market reaction for U.S. stocks is relatively optimistic, and the current employment data is essentially "distorted," temporarily losing its reference value. Of course, if next month's non-farm employment data still does not return to normal values, then consecutive low data could raise market concerns. It is also worth noting that the previous value of non-farm employment data was revised down from originally 254,000 to 223,000, and the current published data is also lower than the market's original expectation of 113,000. Therefore, this data did not create a negative impact; instead, it further solidified the possibility that the Federal Reserve will continue to maintain the pace of interest rate cuts in November. Currently, the probability of a 25 basis point rate cut in November is 99.5%#BNB季度销毁 #加密货币急跌 #非农就业人数大幅降温 #TIA超大额解锁 #你问我答
Although the non-farm employment data in October was "disappointing," it did not trigger panic about the job market. The current data may temporarily lose its reference value.
This period recorded employment data of 12,000 people, which was lower than the expected 113,000 and significantly below the previous value of 223,000. From the data, it essentially belongs to a big miss, but we note that it has not raised doubts about economic instability due to the abnormal employment data.
The core reason is that the unemployment rate remained at 4.1%. A short-term significant drop in employment did not lead to a surge in the unemployment rate, and the labor force participation rate did not decline. These two data points ensure the potential stability of the job market. Additionally, in October, due to the impact of hurricanes in the U.S., there was a significant short-term increase in initial jobless claims for that week, and this factor also affected non-farm employment data.
Regardless of whether the market believes the data is influenced by weather conditions, it is important to see whether the market accepts it. Currently, the pre-market reaction for U.S. stocks is relatively optimistic, and the current employment data is essentially "distorted," temporarily losing its reference value.
Of course, if next month's non-farm employment data still does not return to normal values, then consecutive low data could raise market concerns.
It is also worth noting that the previous value of non-farm employment data was revised down from originally 254,000 to 223,000, and the current published data is also lower than the market's original expectation of 113,000. Therefore, this data did not create a negative impact; instead, it further solidified the possibility that the Federal Reserve will continue to maintain the pace of interest rate cuts in November.
Currently, the probability of a 25 basis point rate cut in November is 99.5%#BNB季度销毁 #加密货币急跌 #非农就业人数大幅降温 #TIA超大额解锁 #你问我答
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In October, the United States added 12,000 non-farm jobs, estimated to increase by 105,000, with the previous value revised down by 31,000 to 223,000. This is the lowest monthly job growth since December 2020. The unemployment rate in the United States for October is 4.1%, estimated at 4.1%, with the previous value at 4.1%. The 10-year Treasury yield in the U.S. plummeted, dropping over 0.6%. The 2-year Treasury yield fell more than 1.6%. After the non-farm data was released, the dollar index fell sharply, reporting at 103.8. The non-farm report clearly fell short of expectations, prompting the market to reconsider the possibility of a significant interest rate cut in the November or December meetings, which will pressure the recently strong dollar and drive gold prices to further historical highs, potentially reaching $2800 per ounce. #美国大选后行情预测 #你问我答 #非农就业人数大幅降温 #BNB季度销毁 #下一BTC历史新高是多少? $BTC $ETH $BNB {spot}(ETHUSDT) {spot}(BTCUSDT)
In October, the United States added 12,000 non-farm jobs, estimated to increase by 105,000, with the previous value revised down by 31,000 to 223,000. This is the lowest monthly job growth since December 2020.

The unemployment rate in the United States for October is 4.1%, estimated at 4.1%, with the previous value at 4.1%.

The 10-year Treasury yield in the U.S. plummeted, dropping over 0.6%. The 2-year Treasury yield fell more than 1.6%.

After the non-farm data was released, the dollar index fell sharply, reporting at 103.8.

The non-farm report clearly fell short of expectations, prompting the market to reconsider the possibility of a significant interest rate cut in the November or December meetings, which will pressure the recently strong dollar and drive gold prices to further historical highs, potentially reaching $2800 per ounce.

#美国大选后行情预测 #你问我答 #非农就业人数大幅降温 #BNB季度销毁 #下一BTC历史新高是多少? $BTC $ETH $BNB
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Bullish
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Short-term (Heyue) Trading Discipline: 1. Open positions at the current price should not exceed 5%; 2. During pullbacks, strictly buy in batches at the replenishment points with a 5% low absorption, and after confirming that the downward momentum is weakening and obtaining support at a certain time, replenish once in real-time by 5-10%. Do not replenish arbitrarily if the point is not reached; 3. If the total position exceeds 20%, stop profit must be set immediately, and strictly execute according to the first and second profit-taking targets. After closing positions, do not enter and exit quickly; wait for the next trading opportunity; 4. Pay real-time attention to the forced liquidation points, strengthen risk control awareness, and when in doubt, ask more and listen to suggestions, avoiding making blind decisions #以太坊白皮书11周年 #英国养老金计划配置BTC #非农就业人数大幅降温
Short-term (Heyue) Trading Discipline:

1. Open positions at the current price should not exceed 5%;
2. During pullbacks, strictly buy in batches at the replenishment points with a 5% low absorption, and after confirming that the downward momentum is weakening and obtaining support at a certain time, replenish once in real-time by 5-10%. Do not replenish arbitrarily if the point is not reached;
3. If the total position exceeds 20%, stop profit must be set immediately, and strictly execute according to the first and second profit-taking targets. After closing positions, do not enter and exit quickly; wait for the next trading opportunity;
4. Pay real-time attention to the forced liquidation points, strengthen risk control awareness, and when in doubt, ask more and listen to suggestions, avoiding making blind decisions

#以太坊白皮书11周年 #英国养老金计划配置BTC #非农就业人数大幅降温
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11.03 Bears are very strong, so strong that the exchange wants to spike and trigger short positions first Predictions from the market Polymarket show that the current probability of Trump winning the U.S. presidential election is 57.5%, while Harris's probability of winning is 42.4%. The betting amount on the U.S. election on the platform has exceeded $2.9 billion. The early market this round is still mainly declining, with prices breaking below the strong support level around 68800. The market is now entering a bearish logic, and the event impact is significant. Next Tuesday, the market will face a real turning point, so wait. BTC Daily - 4-Hour Level Market Analysis The higher-level market continues to exert downward pressure, with the upper high points unable to break. The support around 68800 has been breached and is now a point of pressure. The weekend tail should be the time for a turning point, and if it doesn't rise in the short term, then the target comes to around 67300 for potential long positions, which might be a good level in the higher timeframe. The upper-level pressure is around 68800 and 69200, and then we look at the pressure around 69500; it remains a bearish logic, and we first see if the bottom has reached its level. BTC + ETH Intraday Level Analysis · The intraday market for Bitcoin still primarily shows a downward trend. The first spike has been reached, so after the next rebound, look for 68800 and 69200 before continuing to decline. However, considering the sentiment in the evening session, it is suggested to place long orders around 67300, and try to stop-loss shorts around 69200-69500. Since the event impact is considerable, it is advisable to buy spot and simply lie flat for the next few days. · After Ethereum broke down, it started to enter a continuation of weak bearish logic. I don't believe Ethereum will show strength anymore. It will change along with Bitcoin; if Bitcoin is strong, then we can consider Ethereum, otherwise, Ethereum will remain inactive for now. The spot market has survived the toughest times, and now is a season for harvesting or re-cultivating. I hope everyone takes good care of themselves and doesn't waste the two years of hard work. #美国大选后行情预测 #非农就业人数大幅降温
11.03 Bears are very strong, so strong that the exchange wants to spike and trigger short positions first
Predictions from the market Polymarket show that the current probability of Trump winning the U.S. presidential election is 57.5%, while Harris's probability of winning is 42.4%. The betting amount on the U.S. election on the platform has exceeded $2.9 billion.
The early market this round is still mainly declining, with prices breaking below the strong support level around 68800. The market is now entering a bearish logic, and the event impact is significant. Next Tuesday, the market will face a real turning point, so wait.
BTC Daily - 4-Hour Level Market Analysis
The higher-level market continues to exert downward pressure, with the upper high points unable to break. The support around 68800 has been breached and is now a point of pressure. The weekend tail should be the time for a turning point, and if it doesn't rise in the short term, then the target comes to around 67300 for potential long positions, which might be a good level in the higher timeframe. The upper-level pressure is around 68800 and 69200, and then we look at the pressure around 69500; it remains a bearish logic, and we first see if the bottom has reached its level.
BTC + ETH Intraday Level Analysis
· The intraday market for Bitcoin still primarily shows a downward trend. The first spike has been reached, so after the next rebound, look for 68800 and 69200 before continuing to decline. However, considering the sentiment in the evening session, it is suggested to place long orders around 67300, and try to stop-loss shorts around 69200-69500. Since the event impact is considerable, it is advisable to buy spot and simply lie flat for the next few days. · After Ethereum broke down, it started to enter a continuation of weak bearish logic. I don't believe Ethereum will show strength anymore. It will change along with Bitcoin; if Bitcoin is strong, then we can consider Ethereum, otherwise, Ethereum will remain inactive for now. The spot market has survived the toughest times, and now is a season for harvesting or re-cultivating. I hope everyone takes good care of themselves and doesn't waste the two years of hard work. #美国大选后行情预测 #非农就业人数大幅降温
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Bullish
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11.3 Morning View The rebound of Bitcoin this weekend is relatively weak, unable to touch 70,000 in a steady upward trend. Currently, short-term long positions are still quite weak. The rebound strength is very weak; yesterday's strategy remains that the big coin must at least stand above the 70,000 mark to break away from the 69,500-70,000 range for the rebound to continue. The big coin has a weak upward trend this weekend, overall oscillating in the 69,900-69,000 range; overall, it is quite unremarkable. Let's wait for the continuation of the rebound; the big coin still needs to go above 70,000 once to break the current deadlock of bulls. At that time, we can follow the high trend. Long positions are currently considering short longs if they break below around 68,400. Let's focus on the breakout situation near 70,000. If it cannot break through, we will proceed with a high short strategy. Morning reference: look for 69,000-68,800-67,900 below near 700. Defense at 70,500. #美国大选后涨或跌? #美国大选后行情预测 #非农就业人数大幅降温 #BTC☀ #ETH🔥🔥🔥🔥
11.3 Morning View

The rebound of Bitcoin this weekend is relatively weak, unable to touch 70,000 in a steady upward trend. Currently, short-term long positions are still quite weak. The rebound strength is very weak; yesterday's strategy remains that the big coin must at least stand above the 70,000 mark to break away from the 69,500-70,000 range for the rebound to continue. The big coin has a weak upward trend this weekend, overall oscillating in the 69,900-69,000 range; overall, it is quite unremarkable.

Let's wait for the continuation of the rebound; the big coin still needs to go above 70,000 once to break the current deadlock of bulls. At that time, we can follow the high trend. Long positions are currently considering short longs if they break below around 68,400.
Let's focus on the breakout situation near 70,000. If it cannot break through, we will proceed with a high short strategy.
Morning reference: look for 69,000-68,800-67,900 below near 700.
Defense at 70,500.
#美国大选后涨或跌? #美国大选后行情预测 #非农就业人数大幅降温 #BTC☀ #ETH🔥🔥🔥🔥
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Bearish
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Sunday Afternoon Bitcoin, Altcoin, Strategy Sharing Bitcoin has recently been affected by the uncertainty risk surrounding the U.S. presidential election; after a surge at the beginning of the week, the bulls took profits, leading to selling pressure, and the daily line has continued to fall from above 73,000. The non-farm payrolls report in October was a surprise, with market expectations proving to be ornamental, as the number of jobs was only 12,000. It's hard to say whether this is reasonable; Wall Street investment banks have performed worse than monkeys throwing darts at non-farm predictions in the past two years! Technically, Bitcoin is still just adjusting. For long-term bullish Bitcoin investors, the decline actually provides another opportunity to get in before the end of the year. From the 4-hour chart, BTC has a downward spike, but it has not stabilized below the trend line low of 67,800. Currently, the overall trend is still a pullback from last month's 73,600, so the focus remains on short positions for now, and we can act accordingly. (Prepare to reverse when reaching key support.) BTC Afternoon Strategy: Short at 68,700-69,200 targeting 67,000 ETH Afternoon Strategy: Short at 2,475 targeting 2,380 Forge ahead, don’t hesitate. In the short term, I am professional. Trust in Wansheng to illuminate your path forward. #你问我答 #美国大选后行情预测 #美国大选后涨或跌? #非农就业人数大幅降温
Sunday Afternoon Bitcoin, Altcoin, Strategy Sharing

Bitcoin has recently been affected by the uncertainty risk surrounding the U.S. presidential election; after a surge at the beginning of the week, the bulls took profits, leading to selling pressure, and the daily line has continued to fall from above 73,000. The non-farm payrolls report in October was a surprise, with market expectations proving to be ornamental, as the number of jobs was only 12,000. It's hard to say whether this is reasonable; Wall Street investment banks have performed worse than monkeys throwing darts at non-farm predictions in the past two years! Technically, Bitcoin is still just adjusting. For long-term bullish Bitcoin investors, the decline actually provides another opportunity to get in before the end of the year.

From the 4-hour chart, BTC has a downward spike, but it has not stabilized below the trend line low of 67,800. Currently, the overall trend is still a pullback from last month's 73,600, so the focus remains on short positions for now, and we can act accordingly. (Prepare to reverse when reaching key support.)

BTC Afternoon Strategy: Short at 68,700-69,200 targeting 67,000

ETH Afternoon Strategy: Short at 2,475 targeting 2,380

Forge ahead, don’t hesitate. In the short term, I am professional. Trust in Wansheng to illuminate your path forward. #你问我答 #美国大选后行情预测 #美国大选后涨或跌? #非农就业人数大幅降温
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Bullish
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The evening price comparison was once again affected by news, returning to around 71500, but the subsequent upward momentum was insufficient, starting to pull back, and the price comparison also fell all the way to around 69000, nearly back to the day's starting point. It is a clear rhythm of long and short washing. Our evening orange strategy saw a short position entered immediately after the small shoot based on the changes in the market, successfully capturing profits, with a gain of over 1500. Currently, the market is switching back and forth between long and short without a clear trend, so the subsequent orange strategy will still focus on short-term low longs for trading! $BTC $ETH #你问我答 #美国大选后行情预测 #非农就业人数大幅降温 Follow the public account: Wanbo Talks Currency {future}(BTCUSDT) {future}(ETHUSDT)
The evening price comparison was once again affected by news, returning to around 71500, but the subsequent upward momentum was insufficient, starting to pull back, and the price comparison also fell all the way to around 69000, nearly back to the day's starting point. It is a clear rhythm of long and short washing. Our evening orange strategy saw a short position entered immediately after the small shoot based on the changes in the market, successfully capturing profits, with a gain of over 1500. Currently, the market is switching back and forth between long and short without a clear trend, so the subsequent orange strategy will still focus on short-term low longs for trading! $BTC $ETH #你问我答 #美国大选后行情预测 #非农就业人数大幅降温 Follow the public account: Wanbo Talks Currency
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From a four-hour perspective, the Bollinger Bands are trending downward, and the price is currently in a fluctuating downtrend. The price surged in the morning to test the middle band of Bollinger before retreating. The KDJ three lines have formed a golden cross and are moving upwards, but the J line has turned downwards. The MACD dual lines are turning upwards from a low position, and trading volume is gradually decreasing! The short-term trend is bearish, but there are clear signals of a stop in the decline! Looking at the US stock market on Friday, it opened high and consolidated at a high position, resulting in a significant drop in the price! However, only a few sell-offs have been monitored on-chain, and it is still in a net inflow state, Furthermore, I am optimistic about the benefits of the election and interest rate cuts for the cryptocurrency market, so my bullish outlook remains unchanged. For daily operations, I suggest focusing on buying on dips! Resistance levels to watch above are 69500, 70000, 71000, 72000, and 73000, while support levels to watch are 68000, 67400, and 66400. 11.4 Bitcoin trading strategy: Aggressive traders can buy around 68000, while conservative traders can enter around 67000-67500, with a stop-loss below 66400. The target is set around 69500-70000-71000, with a medium-term target of 72000-73000-74000-75000. Short position strategy: Short near 71000, with a stop-loss near 71600, targeting around 70500-70000-69500. 11.3 Ethereum trading strategy: Aggressive traders can buy around 2430, while conservative traders can enter around 2380-2400, with a stop-loss below 2330. The target is set around 2480-2530, with a medium-term target of 2600-2650-2700-2750-2800. Short position strategy: Short near 2530, with a 40-point stop-loss, targeting around 2480-2450, and if broken, targeting around 2430. The performance of the US stock market has been too strong with little retracement, and both large investors and institutions are betting on this year's election and interest rate cuts. Following the trend to position for buying is the right choice! So I am still optimistic about the bulls, everyone should prepare their positions for entry.
From a four-hour perspective, the Bollinger Bands are trending downward, and the price is currently in a fluctuating downtrend. The price surged in the morning to test the middle band of Bollinger before retreating. The KDJ three lines have formed a golden cross and are moving upwards,

but the J line has turned downwards. The MACD dual lines are turning upwards from a low position, and trading volume is gradually decreasing! The short-term trend is bearish, but there are clear signals of a stop in the decline!

Looking at the US stock market on Friday, it opened high and consolidated at a high position, resulting in a significant drop in the price! However, only a few sell-offs have been monitored on-chain, and it is still in a net inflow state,

Furthermore, I am optimistic about the benefits of the election and interest rate cuts for the cryptocurrency market, so my bullish outlook remains unchanged. For daily operations, I suggest focusing on buying on dips!

Resistance levels to watch above are 69500, 70000, 71000, 72000, and 73000, while support levels to watch are 68000, 67400, and 66400.

11.4 Bitcoin trading strategy: Aggressive traders can buy around 68000, while conservative traders can enter around 67000-67500, with a stop-loss below 66400. The target is set around 69500-70000-71000, with a medium-term target of 72000-73000-74000-75000.

Short position strategy: Short near 71000, with a stop-loss near 71600, targeting around 70500-70000-69500.

11.3 Ethereum trading strategy: Aggressive traders can buy around 2430, while conservative traders can enter around 2380-2400, with a stop-loss below 2330.

The target is set around 2480-2530, with a medium-term target of 2600-2650-2700-2750-2800.

Short position strategy: Short near 2530, with a 40-point stop-loss, targeting around 2480-2450, and if broken, targeting around 2430.

The performance of the US stock market has been too strong with little retracement, and both large investors and institutions are betting on this year's election and interest rate cuts.

Following the trend to position for buying is the right choice! So I am still optimistic about the bulls, everyone should prepare their positions for entry.
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11.3 Market Breakthrough! Can BTC Bounce Back to 69000?From the above BTC 4-hour candlestick chart, we can observe the following key points: Trendline: The current price is in a downtrend. Recently, BTC has failed to break through the upper resistance and has gradually retraced from recent highs. The closing price yesterday was below the short-term moving average, indicating strong bearish momentum. Moving Average System: The 5-day and 10-day moving averages show a downward trend, with significant short-term resistance. The 20-day and 30-day moving averages are also starting to flatten, indicating signs of trend weakening, and the market currently lacks strong upward momentum. Keltner Channel: The current price is running in the lower part of the channel, indicating a balance of forces leaning towards the bears.

11.3 Market Breakthrough! Can BTC Bounce Back to 69000?

From the above BTC 4-hour candlestick chart, we can observe the following key points:

Trendline: The current price is in a downtrend. Recently, BTC has failed to break through the upper resistance and has gradually retraced from recent highs. The closing price yesterday was below the short-term moving average, indicating strong bearish momentum.
Moving Average System: The 5-day and 10-day moving averages show a downward trend, with significant short-term resistance. The 20-day and 30-day moving averages are also starting to flatten, indicating signs of trend weakening, and the market currently lacks strong upward momentum.


Keltner Channel: The current price is running in the lower part of the channel, indicating a balance of forces leaning towards the bears.
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