Notification
The weekly line has closed.
Bitcoin has confirmed a divergence at the 2-day and 3-day levels.
Ethereum also shows divergence at the 2-day and 3-day levels now.
After the sharp drop in the US stock market daily line, the downward trend has continued for another day. Currently, the divergence in the US stock market daily line is quite serious.
At present, the divergences in Bitcoin, Ethereum, and the US stock market have not fully adjusted.
Non-farm payroll data has been revised downwards. For several consecutive months, the data has been revised from over 100,000 to more than 10,000. This has angered Trump, who wants to fire the head of the statistics bureau.
With such poor non-farm payroll data, the economy is not strong. It is beginning to decline.
In summary, Bitcoin, Ethereum, and the US stock market are experiencing high-level divergences. The adjustments are not fully complete. The outlook remains bearish. Non-farm payroll data has been revised, and the revised data is very poor. Economic recession. Bearish signals.