News nuclear explosion warning:
Tonight at 20:30, the release of the US June non-farm payroll data will become the key to the bullish and bearish showdown! Current market expectations show:
Unemployment rate expectation 4.3% (previous value 4.2%, higher than previous value = bullish for BTC)
Non-farm employment expectation 110,000 (previous value 139,000, lower than previous value = bullish for BTC)
If the data meets expectations or even exceeds expectations and is weak, it will solidify the risk of a US economic recession, forcing the Federal Reserve to accelerate the rate cut process. Historical data shows that in the last 3 times when non-farm data was below expectations, BTC surged more than 5% in a single day! Currently, CME interest rate futures have bet on a 87% probability of a rate cut in September, and once the US dollar index breaks down, BTC will be the biggest beneficiary!
Technical bull battle map:
Key offensive and defensive line (based on depth market in 20.png):
Bull stronghold: 109,887 (current main concentrated order price)
Bear defense line: 110,068 (Fibonacci 61.8% strong resistance)
Nuclear explosion starting point: 109,500 (4-hour chart EMA90 support)
Volume warning:
委比 +0.39% indicates buying momentum, main order volume in the range of 109,886-109,889 exceeds 200 BTC, and a breakthrough will trigger a tsunami of programmatic buy orders!
Bullish attack path:
First target: 110,501 (Fibonacci 78.6%)
Decisive point tonight: 111,000 (breakthrough will ignite FOMO sentiment)
Medium-term target: 112,500 (weekly channel upper track + historical volume accumulation area)
Iron Eagle practical strategy:
Aggressive: Set long positions before data release in the range of 109,800-110,000, stop loss at 109,300
Conservative: Chase after breaking 110,500 and confirming the pullback
Risk warning:
If the unemployment rate unexpectedly drops to 4.1% or non-farm exceeds 150,000, it will trigger a short-term plunge to 107,350 (50% Fibonacci support). However, the overall trend remains bullish, and a sharp drop presents a good opportunity for medium to long-term bottom fishing!
#大而美法案
If you don't know where to get the first information, then click on the avatar to follow Iron Eagle for the latest international news!
$BTC