A move as fierce as a tiger, gains and losses all depend on Trump. The title of the strongest market caller in the cryptocurrency circle should be awarded to Trump!
After the excitement comes the calm. The BTC volatility in April caused a stir in the market, first with the trade war leading to a waterfall drop to around 744, and later the adjustment halted tariffs, causing a rebound from the lowest point of 744 directly up to around 974. The back-and-forth fluctuations were all thanks to a few words from Trump. Today, as the non-farm payrolls discuss the employment issues of the beautiful country, the previous value was 22.8 and the expectation is 13. What kind of market will we welcome tonight at 8:30?
First, let’s talk about the 90,000 to 92 area where there are still many orders currently trapped. Tonight, there may be a possibility of the market repeatedly dipping to around 98-99 to forcefully close positions, and then directly drop down to around 94-95 to hover and adjust. It has been fluctuating around 967, with positions leaning more towards the high side. For those without positions, it's best to remain on the sidelines and observe.
My ideal entry point for short positions is around 986, with a defensive stop at 100600. The target is around 95; if it breaks down, I will look further down.
Today, the position at 967 is still being held, and I will stop loss if it breaks higher while maintaining a small defense to gamble for a larger space.
This is purely a personal opinion shared; if you like it, feel free to give it a thumbs up and follow. $BTC #加密市场反弹