The Bitcoin Trampoline Competition has begun! After the non-farm payrolls' negative impact, are you ready for the crazy fluctuations?

Bitcoin has recently been bouncing around like on a trampoline, going up and down, we can only patiently wait for it to choose a direction!

Last night, as soon as the non-farm data was released, it was another negative surprise, and Bitcoin dropped directly from 94,500 to 92,700, nearly a 2,000 point drop. But guess what? As soon as the U.S. stock market opened, someone boldly bought at 92,100, and it surged all the way up to 95,800. This market is changing faster than flipping a page, we have to follow the trend and adapt!

I mentioned again last night, if it retraces to the support level below, 92,000 is a good time to go long! This weekend's market is like a roller coaster, it's thrilling! If you missed out, you really need to think about it.

Now looking at the daily chart of Bitcoin, after three consecutive bearish candles, we have a bullish candle again, and it bounces back happily when it touches the support below. The price has returned to 94,800, and the bearish strength is starting to weaken. This weekend's market is all about back and forth, but the bottom support is still a good position to go long.

This market is up and down, on the four-hour chart, 93,500 is the point to go long, if it rises to 96,000 without stopping, we continue to look bullish. If it can’t rise further, then it’s not too late to consider shorting.

Ethereum is the same, we are just focusing on 3,200 to see if it can continue to rise. If it rises to 3,750 and can't stabilize, then we need to consider shorting. Of course, if it really breaks through, then there’s more room to rise!

If you feel confused and helpless about trading, and want to learn more about the cryptocurrency space and cutting-edge information, then quickly click on my avatar to follow me, and I guarantee you won't get lost in this bull market!