The decline in cryptocurrency prices is limited, and short positions can be accurately controlled to continue waiting for a rebound! 5.1 Bitcoin Aunt's trading strategy

The short position points provided yesterday were precisely controlled, and after the small non-farm payrolls were announced, real-time entry suggestions allowed for an easy gain of two thousand points; Ethereum could gain over 80 points. After testing the support line around 92800, the price began to rebound, possibly due to the strong performance of US stocks. After a weak opening and a decline, US stocks rebounded strongly, closing near yesterday's closing price!

From a technical perspective, the daily chart shows consecutive bearish candles. This morning's closing formed a bearish candlestick with a doji, again signaling a potential top. The KDJ indicator has formed a death cross and is diverging downwards, while the MACD is turning down from a high position, and trading volume has significantly decreased. The daily outlook remains bearish!

The small non-farm payrolls had a huge surprise, and tomorrow's non-farm data is also unlikely to be good. This evening, initial jobless claims are coming in, but recent initial claims have not had a significant impact on market trends, so maintaining a high-level short strategy during the day is advisable! Key resistance levels to watch are 95200, 95600, 96000, and 97000, while support levels to watch are 92700, 91600, 90500, 90000, and 89200.

5.1 Bitcoin trading strategy: Aggressive traders can short at 94500-95000, while conservative traders can enter at 95300-95800, with a stop-loss above 96300. The target is around 93500-92700, and if it breaks, watch 91600-91000-90500 around 90000, and continue to hold based on the situation!

5.1 Ethereum trading strategy: Aggressive traders can short on rebounds at 1810-1830, while conservative traders can enter at 1840-1850, with a stop-loss above 1870. The target is around 1780-1750-1720-1700, and if it breaks, watch around 1670-1650, and continue to hold based on the situation!

Long position strategy: US stocks are performing strongly, so one can consider entering long positions near the resistance level on a pullback. For Bitcoin, buy on a pullback at 91600-92000 with a stop-loss at 91000, targeting around 92500-92800-93500-94000; for Ethereum, buy on a pullback at 1700-1720 with a stop-loss near 1670, targeting around 1750-1800, and if it breaks, watch around 1820.

After a long period of high-level oscillation, there has been no breakthrough in either direction. Although upward spikes triggering stop-losses cannot be ruled out, the small non-farm payrolls and some released data are not favorable, coupled with the very low probability of interest rate cuts by the Federal Reserve in May and June, so please be cautious when chasing price increases!