9.6 Morning Analysis
Reviewing the night, after the non-farm data was released, Bitcoin first experienced a dramatic 'doji' movement, then it sharply ↓ tested the 110000 line, followed by a slight rebound.
From the hourly Bollinger Bands perspective, the ↑ band and the middle band have continued to flatten, reflecting that the market is stuck in a stalemate, while the ↓ band has clearly turned downwards, indicating that the downward support is gradually weakening, and short-term sentiment is tilting towards bearishness.
Therefore
Bitcoin can hover around 111300, 112000 bullish
↓ look at 110300-109700
Ethereum can hover around 4360, 4420 bullish
↓ look at 4250-4180
