Tonight is another sleepless night! The countdown to the non-farm report is about to arrive.
Bitcoin in the white market has been on the rise, recovering from last night's sharp drop, rising over 3000 points, while Ethereum is also rising by 80 points.
Currently, from an hourly perspective, MACD is above the 0 axis, DIF has crossed DEA and is moving upwards, and all moving averages show an upward trend. However, on the four-hour level, MACD is still running horizontally below the level, indicating that there may be a short-term increase, but the bulls and bears are still in a tug-of-war, and the real direction has yet to be revealed. For now, although the market looks bullish, the momentum is insufficient, and there is still resistance above.
Whether the evening news can drive the bulls to increase trading volume again is indeed fraught with challenges. The ongoing verbal battles between two major figures, along with yesterday's support level being tested and broken, and the slowdown in institutional capital inflow all indicate that it's particularly difficult for the bulls to rise tonight.
If the news is favorable and the bulls can restart, it could offset the sharp drop from yesterday. Conversely, it would mean continuing to test the support around 95000-98000. Yumi has entered the market early to take the lead, and everyone should manage their positions well to prevent a market plunge.
Evening Yumi rebounds with short-term operations
Bitcoin
104000-104800 looking down to 102000-101000
Ethereum
2500-2530 looking down to 2450-2400