Regarding yesterday's BTC trend, it can be described as thrilling because just as most people were preparing to go to sleep, BTC suddenly took a big plunge, which is a reason to celebrate for many, as it is a victory for the bulls, with joy from this victory received early this morning.
BTC's four-hour chart continues to show upper shadows, indicating insufficient strength, and there is obviously a lack of momentum. BTC continues to retreat around 90500 and is currently near 88800, once again validating the resistance.
Morning BTC opened high and rose strongly, maintaining a strong pattern mainly due to rising risk aversion. The change in the Federal Reserve chair also spurred market uncertainty, leading to a continued rise in cryptocurrency prices. However, the sustained rise still needs to pay attention to the pressure between 89700 and 90300. If this range does not break strongly, volatility will continue, so focus on the pressure near 89700-90300 during the day. This level is under pressure, allowing for a short position at high levels, looking at 87600-86600, be cautious of risks.
The past blooms are all prologues, and the new journey is about to set sail. With a more abundant state, anchor the market rhythm, steadily seize the opportunities in the grain industry, advance step by step towards the established goals, and live up to every trust and expectation.
Rubber billion has never been a result of impatience, but a process that requires deep cultivation and refinement!\n\nThis process is not a skill that can be mastered overnight. Fluctuations are the norm in the market; within the ups and downs lie countless opportunities. It is the mindset and pattern we adopt in the face of these fluctuations that truly determine the final outcome. Engaging in rubber billion is like living life; it requires daily accumulation and sedimentation, as well as an awakening of genuine understanding from within. No one is without greed, and no one is without fear; the difference lies in whether one can maintain their trading discipline and stabilize their operational rhythm at the right moment. Qingning always believes that being able to endure the loneliness of turbulence and withstand the tests of trends is the key to navigating the market steadily and far!
Due to the significant short-term rebound potential, the current price is relatively neutral. The short-term market direction remains unclear, so we will temporarily observe fluctuations. After the European session, we will determine strength and weakness once a general range is established. The Asian session's rebound approaching the resistance of 2990-3030 can be viewed as a short-term opportunity to fill the lower shadow. However, this is limited to short-term trading.
The range of 2990-3030 is noted, with a focus on 2850-2750.
BTC, some things can only prove their value through disappearance, and the movements of the market are no exception. The short-term patterns also show no obvious signs of breakthrough. Since this week, although there have been attempts to break through, they ultimately ended in defeat.
Currently, from the market perspective, BTC's recent upward attempts have faced pressure, and yesterday's daily close was a bearish doji; a bunch of positive news could not lift BTC. Pay attention to the market's counterattack! After the plunge, today we focus on whether it can continue to decline, as sustainability is very important.
The importance of this data is no less than that of non-farm payrolls—while non-farm reflects 'human unemployment', CPI reflects 'money unemployment', directly measuring the purchasing power of currency. It will directly affect the market's expectations for the Federal Reserve's interest rate cuts/increases, thereby determining the mid-term direction of BTC.
Life is like a pencil in a child's hand; it seems long enough, but before you know it, it feels short.
In the hourly chart, the Bollinger Bands open downwards, releasing potential space below. The rebound is repeatedly suppressed by the trend line, and the momentum continues to strengthen.
Life is vast like the sea, with mountains and rivers everywhere. It's nothing but a fleeting moment. What traps you is not the mountain itself, but the obsession in your heart. One day, when you look back, you'll find that the light boat has already passed through countless mountains!
Last night, BTC faced negative news from the non-farm payrolls and positive news regarding unemployment benefits. Ultimately, it surged and then fell back, still within the range of a large fluctuation. The non-farm payrolls did not allow BTC to break out of the oscillation, so we may have to wait for the CPI data tomorrow evening on Thursday. Today, BTC will most likely continue to oscillate, with high selling and low buying within the intraday range.
The MA20 moving average on the 4-hour chart has currently turned into resistance, and the MACD is also starting to adjust from above the zero line. The RSI has fallen below the neutral line, and the coin price will continue to adjust downwards. Tonight, the market will welcome a "data explosion," destined to be a sleepless night. 87500-88000 range, watch for a drop below 85000, and then look down to 83000–80000.
On Tuesday at 21:30 Beijing time, the non-farm employment report for the U.S. for October and November will be released. The market expects an increase of 40,000 in the seasonally adjusted non-farm payrolls for October and November, compared to a previous increase of 119,000; the unemployment rate for the U.S. in October and November is expected to be 4.4%, unchanged from the previous value.
Given that Federal Reserve Chairman Powell previously cited the weakening job market as a primary reason for interest rate cuts, if the employment data released this week shows weakness, the U.S. dollar may face further selling pressure before the end of the year. At the same time, on Tuesday at 21:30 Beijing time, the U.S. Census Bureau will release retail sales data for October.
Do not waste new tears on old sorrows, do not change too much for repeated points and extravagant wishes.
The hourly line has dropped significantly. The short line is somewhat volatile, but the indicators have not followed the speed of the ups and downs. Even if there is a decline, it is a fluctuating pattern rather than a weak one-sided drop. After today's inertia dips to a new low, we can first look at 2900-2940, and then 3080-3165.
Asking for directions will prevent getting lost, leaving an escape route will prevent a dead end, and daring to turn back means there is no way out.
Currently situated between the lower and middle bands of the Bollinger Bands, the lower band has formed effective support; in the KDJ indicator, the three lines have all turned upward and the values are gradually rising, showing a golden cross trend, reflecting that short-term bullish strength is beginning to gather; the technical aspect is already equipped with short-term bullish characteristics.
ETH is also a top-tier cryptocurrency. After the rebound, just follow the rewards. It started to decline from 3162, with a minimum drop to 2990. Find the right rhythm, and surprises are part of the daily routine! In the last month of 2025, I wish everyone good luck!
Currently, a bearish engulfing pattern has appeared on the four-hour chart, with a single bullish candle directly covering a large bullish candle, indicating a strong breakout. There was a rise in the early session, but it remains insufficient in strength; the rebound is still fleeting. The downward movement is the main theme, and the pressure from above has not changed.
This week, the global financial market will face a dense test of "central bank nuclear bombs + dual data shocks". The Federal Reserve's interest rate cut faces hawkish opposition, and the interest rate decisions of the three major central banks in the UK, Europe, and Japan follow one after another. Non-farm payrolls and CPI data are affecting market nerves, and the trends of assets such as the US dollar, gold and silver, and US stocks are full of uncertainty.
From a technical perspective, looking at the 4-hour chart, the overall Bollinger Bands show a downward opening shape, with the middle band becoming a significant resistance level. The price has attempted to rise multiple times without breaking through; during the process of falling from a high position, it has formed a staircase-like downward pattern, with each rebound becoming a new tightening node, making it difficult for the rebound to support a trend reversal.