Brothers, Lao Zhao is back to submit my homework!
Last night when the non-farm data came out, didn’t a bunch of people shout that it was bullish and go bottom-fishing? What happened? The second coin only symbolically jumped 30 points, like it hadn’t eaten! Why? Because the market has long given up on interest rate cuts! I hinted at this script yesterday, when good news is fully released, it becomes bad news, and any rise is a signal to escape!
This was Lao Zhao's prediction from last night, if you didn't see it, flip back yourself.
Last night hawks and doves were flying everywhere, and the market makers were cutting down those chasing news!
Trump was simply a drama king last night:
First spray the non-farm data as fake (dovish: bullish!) → Second coin bounces back 50 points!
Turn around and threaten to roast Powell (hawkish: bearish!) → The market makers directly smashed the market, plummeting 100 points in 10 minutes!
Understand? The news is being used as a knife by big capital! Did you listen to the news and chase the rise and fall? Congratulations, you're just another fresh batch of new retail investors!
Lao Zhao's future market view:
Looking at the 4-hour chart:
MACD underwater death cross, green bars shrink into a single line!
Bollinger Bands opening downward, price crawling along the lower band!
3520-3550 is a densely packed area of trapped positions! When it rebounded to this position in the morning, the volume shrank, indicating that the main force did not want to liberate retail investors at all!
3520 is definitely not the bottom price! This is the party zone for the bulls, and without a breakout above 3580, any rebound is just a flash in the pan!
The main theme today is still bearish on highs, and I do not recommend blindly bottom-fishing because you don't know if you're really at the bottom or halfway up the hill.
If you can't accurately grasp what point is suitable for opening a short position,follow Lao Zhao's homepage., pay attention to my homepage, I will give 1-on-1 reminders to friends who follow me 24/7 in the village.
Today is still a day for short sellers.
There are no gods in the cryptocurrency world, only smart people who can read signals. Lao Zhao's articles don't boast or paint illusions, they only teach you practical survival skills. Follow Lao Zhao for daily strategies to get on board in advance.#美国初请失业金人数 $ETH
