$BTC #比特币战略储备 #加密市场回调 #非农就业数据来袭 #区块链超话 #币圈现状

5.5 Day Afternoon Analysis

From a technical perspective, the daily chart shows two consecutive bearish candles, with the morning closing forming a long upper shadow and a relatively long body of the bearish candle. The daily chart has closed bearish again, and the continuous bearish K-line has resulted in a weak short-term trend. At the same time, the moving averages are declining, and the MACD indicator shows an overbought signal, about to form a death cross, indicating signs of further decline in the larger timeframe.

In the 4-hour chart, the price of the currency surged and then retreated. The phase of decline has caused the price to break through the lower boundary. Although the short-term is weak, the operational trajectory is still within the range. The focus should be on two levels, 940 and 930 support. Only with an effective breakdown of this support can more space open up below. Before the price breaks the lower support, we will adopt a strategy of selling high and buying low in the short term! Pay attention to the rebound strength during the day!

The KDJ death cross is diverging downwards, and the MACD dual lines are showing signs of forming a death cross. The trading volume is gradually increasing, and the daily chart remains unchanged!

The spot ETF market saw significant inflows last week, which is also the reason for the limited decline in the currency price. Additionally, the non-farm payroll exceeded expectations, allowing the currency price to break through a new high in nearly ten weeks. However, the Federal Reserve firmly refuses to lower interest rates, and apart from non-farm payroll, other data are not ideal. Therefore, it is still recommended to mainly ambush short positions at high levels!

The Bitcoin rebound is around 95500-96000 for shorts, looking down at 93500-93000.