Sunday Afternoon Bitcoin, Altcoin, Strategy Sharing
Bitcoin has recently been affected by the uncertainty risk surrounding the U.S. presidential election; after a surge at the beginning of the week, the bulls took profits, leading to selling pressure, and the daily line has continued to fall from above 73,000. The non-farm payrolls report in October was a surprise, with market expectations proving to be ornamental, as the number of jobs was only 12,000. It's hard to say whether this is reasonable; Wall Street investment banks have performed worse than monkeys throwing darts at non-farm predictions in the past two years! Technically, Bitcoin is still just adjusting. For long-term bullish Bitcoin investors, the decline actually provides another opportunity to get in before the end of the year.
From the 4-hour chart, BTC has a downward spike, but it has not stabilized below the trend line low of 67,800. Currently, the overall trend is still a pullback from last month's 73,600, so the focus remains on short positions for now, and we can act accordingly. (Prepare to reverse when reaching key support.)
BTC Afternoon Strategy: Short at 68,700-69,200 targeting 67,000
ETH Afternoon Strategy: Short at 2,475 targeting 2,380
Forge ahead, don’t hesitate. In the short term, I am professional. Trust in Wansheng to illuminate your path forward. #你问我答 #美国大选后行情预测 #美国大选后涨或跌? #非农就业人数大幅降温