When the non-farm payroll news came out, Lingxin had already indicated that the trend would rise first and then fall. The market movement perfectly matched expectations, supporting the rise, but due to the impact of the U.S. stock market, the market experienced a cliff-like decline. Yesterday, during the day session, the large Bitcoin long positions gained over 4000 points of space.

Looking at the 4-hour chart, the downward trend from last night did not continue into today. The price is gradually rising along the short-term moving averages, with strong support found at the moving averages during each pullback, showing a bullish arrangement in the short term. The MA indicator is operating above the zero axis, with the fast and slow lines diverging upwards.

It is recommended to look for opportunities to go long on Bitcoin around 110000, targeting approximately 113000, and for a breakout, look at $BTC #美国当周失业金人数 .