News nuclear explosion
Last night's non-farm payroll data scared Wall Street stiff! 258,000 jobs evaporated overnight, manufacturing dropped to a three-year low! The probability of the Federal Reserve cutting interest rates in September soared to 88%, this blow directly smashed the dollar index through the floor! Those in the know understand — the era of massive liquidity is coming!
Technical judgement day
1. ETH was just violently bounced back from the upper Bollinger Band, and is now free-falling towards the middle band! MACD red bars shrank to toothpicks, trading volume is still playing dead.
2. The critical watershed at 3500! If it breaks below, directly look for support at 3430; if it holds, it may rebound to test the resistance level at 3550.
3. The whales love to play this kind of fake drop, especially in conjunction with non-farm bombshell news!
Captain's real trading operation
Current price 3520 has opened a 5% short position
Pending order at 3430 to ambush long positions
Break above 3550 and immediately chase longs
Get-rich-quick mindset
Remember! Non-farm is bearish but the expectation of interest rate cuts is a long-term bullish signal! The current drop is an opportunity to make money for you! The ETH 2.0 upgrade and ETF expectations are still there; when the rate cut actually happens in September, if you have no chips in your account, just wait to regret it!
Now you choose:
A. Go long with the captain at high altitude
B. Lie flat and wait for a crash to buy the dip
C. Counter-trade like a warrior
Still the same saying, if you are still losing in the crypto world, then one sentence I often say is: 'It's not that you can't do it, it's that the method is wrong.' I have fully polished this rolling warehouse recovery model that I can share, but only for those who are serious about turning things around. Please, no time-wasters.