Non-farm payrolls are coming in strong, and the data is below expectations, so be cautious when chasing gains! 5.2 Bitcoin Aunt's Operation Strategy

The small non-farm payrolls surprised many, with initial jobless claims also higher than expected. However, the coin price directly broke through 97,000, and Ethereum also broke the daily 60-day moving average to rebound to around 1,872, facing stagnation. At eight-thirty tonight, the non-farm payrolls are coming in strong. Based on existing data, it is judged that the non-farm data will not perform well, so everyone should be cautious when chasing gains!

From a technical perspective, after the daily candlestick formed a doji, the coin price surged strongly. In the morning, a candlestick with a long upper shadow and two longer bullish bodies formed. The Bollinger Bands are trending upwards, and the coin price closed above the moving average indicators. The KDJ three lines are in the overbought zone and consolidating, and the MACD double lines continue to rise at a high level, but the volume is gradually decreasing, indicating a serious divergence in indicators. Everyone should be cautious when chasing gains!

Former U.S. Treasury Secretary Yellen warned that tariffs could push the U.S. into recession. Tariffs have not yet significantly affected the U.S. stock market, but as long as they are not canceled, they will comprehensively affect the U.S. economy. Therefore, there will be a risk of selling pressure! For non-farm operations, Conan suggests mainly placing short positions at high levels! Key resistance levels to watch are 97,500, 98,000, 99,500, and 100,000, while key support levels are 95,500, 93,900, 92,700, 91,600, and 90,000.

5.2 Bitcoin Operation Strategy: Aggressive traders should short at 97,000-97,500, while conservative traders should enter at 98,000-98,500, with a stop loss above 99,000. Targets are set at around 95,500-94,000-93,500-92,700, and if broken, watch for levels around 91,600-91,000-90,500-90,000, continue to hold if broken, depending on the situation!

5.2 Ethereum Operation Strategy: Aggressive traders should short on rebounds at 1,850-1,870, while conservative traders should enter at 1,880-1,900, with a stop loss around 1,940. Targets are set at around 1,780-1,750-1,720-1,700, and if broken, watch for levels around 1,670-1,650, continue to hold if broken, depending on the situation!

Long Position Strategy: If the U.S. stock market performs strongly and the non-farm data is good, then enter long on a pullback at 93,500-93,900. If there is no positive news, then enter long on a pullback at 91,600-92,000 with a stop loss at 91,000. Targets are set at around 92,500-92,800-93,500-94,000-95,000; for Ethereum, enter long on a pullback at 1,700-1,730 with a stop loss around 1,670, targeting around 1,750-1,800, and if broken, watch for levels around 1,820.

After a prolonged high-level consolidation, it ultimately broke upward without clear positive news, and this rebound exceeded expectations. However, it is well known that small non-farm payrolls are a precursor to large non-farm payrolls, and tonight's non-farm data will likely be negative for the U.S. stock market and the cryptocurrency market.