Tonight's weekly unemployment benefits and tomorrow's non-farm data will directly affect the subsequent trend!
Ethereum is currently experiencing a volatile decline, and it has now reached the short-term key support level at 4350, starting to rebound. Conservative traders can wait to enter around 4300, while aggressive traders can enter in batches at the current price.
The market has preemptively exited the downward trend, and many traders have lost confidence in the market. Ethereum at 4000 is the line of demarcation between bulls and bears, and the probability of reaching this level is very low unless an extreme black swan event occurs.
Tonight's small non-farm data is expected to have limited volatility, just a few dozen points up or down. The focus should be on tomorrow's non-farm data; if a spike or waterfall occurs, it will be the best opportunity to bottom out this month.
Those with large positions can enter ETH long positions in batches to average down at 4300, with a strict stop-loss at around 4200.
Tonight and tomorrow, you will know what a bull market is like🚀🚀🚀
