After advancing 1000 miles north in the morning, there was a slight rebound directly south. Although it was a bit smaller in the afternoon, it was mentioned that the pressure point had not been broken, so there is no rush to go south; patience is required. After coming down in the evening, the position was taken directly, advancing more than 900 miles as indicated. During the night, the low position advanced north by 1100 miles. ⑧ Continuous Prosperity. It was mentioned in the morning that before the arrival of the major fundamentals, there would first be a fluctuation to build momentum, so there would be a fluctuation rather than a direct drop. Therefore, waiting for the fluctuation to come up before going south can expand the advancing space. Alternatively, a short northward step can be taken for a while. This is the expansion of space. The evening also involved constant adjustments and analysis, so after the fluctuation, we still look to the south.
From the overall trend structure, the southward movement continued to weaken since early yesterday morning, from 108900 to 103300. During this time, there was a correction after yesterday morning's consolidation, so the hourly moving average has deviated from the trend structure. The evening's fluctuating hourly Bollinger Bands continued to narrow, already aligning with the trend structure, which is also building momentum. Currently, there is not much change in the trend structure. The major fundamentals are getting closer, and based on the unemployment data released today, it met expectations, so the hawkish stance is basically solidified. However, there is concern that the 'understanding king' might act again, so while being hawkish, closely monitor the fundamentals. Overall, it is still a hawkish stance; adjustments will be made if the situation is not right.
During the night, the hawkish position was around 105300 to 105600, looking at the area near 101800. $BTC