Yesterday, BTC rebounded and rose, with a volume V reversal on the 4-hour level, breaking through the resistance range, and the trend has returned to health. Yesterday's small non-farm payroll data was not ideal, pay attention to the large non-farm payroll data today. A slight pullback is expected during the day, waiting for the non-farm data release, and be aware of short-term fluctuations. On a larger cycle, the weekly chart has not broken down, and a new round of market movement is expected to start.
The second contract followed BTC's upward trend, breaking through resistance on the 4-hour level. Pay attention to the stability of this level, as the downward momentum on the daily chart has weakened. A slight pullback is also expected today, with a focus on the large non-farm payroll data.
Intraday Market Analysis
BTC is above the healthy range on the 1-hour and 4-hour levels, while the daily level has returned to the healthy range. A slight pullback is expected today, with attention on the non-farm data. Support for the day is at 107500-108000, and resistance is at 109500-110000.
ETH is above the healthy range on the 1-hour and 4-hour levels, while the daily level has returned to the healthy range. A slight pullback is expected today, with attention on the non-farm data. Support for the day is at 2500-2530, and resistance is at 2650-2700
