US stocks rise while cryptocurrency prices fall; midnight short positions reap profits! 6.4 Bitcoin Aunt's strategy
Midnight provided a precise short position strategy for Bitcoin Aunt, and currently Bitcoin has dropped over a thousand points, with Ethereum also down by seventy to eighty points. Friends who followed can cash out! Tonight, the small non-farm payroll report is coming; the current market prediction is 110,000, with a previous figure of 62,000. For now, the market outlook seems optimistic, so everyone should operate cautiously!
From a technical perspective, after three consecutive daily gains, it closed down this morning. Although it surged, it merely broke the MA20 level and then came back down. The upward momentum is noticeably weak, and the KDJ three lines have formed a dead cross, currently turning upwards while running above the 20 axis. The MACD dual lines continue downward, with slight volume contraction. The overall trend is characterized by high-level fluctuations without significant volatility, so it is advisable to maintain a range-bound approach for now, with a focus on tonight's small non-farm payroll report! Key resistance levels above on the daily chart are 106600, 107200, 108800, and 109300, while support levels below are 104800, 104000, 103600, and 103000.
6.4 Bitcoin trading strategy: Aggressive traders should enter long positions on pullbacks to 104000-104300, while conservative traders should enter long positions on pullbacks to 103300-103600, with a stop-loss near 102500. Target levels are 105000-105500-106600, with a breakout target around 107000.
6.4 Ethereum trading strategy: Aggressive traders should enter long positions on pullbacks to 2530-2560, while conservative traders should enter long positions on pullbacks to 2470-2500, with a stop-loss near 2450. Target levels are 2600-2630-2660, with strong breakout targets around 2700-2730-2750-2790.
Short position strategy: Short one lot on Bitcoin's rebound at 106600-107000, with a stop-loss at 107500. Target levels are 106000-105500-105000-104500.
Short one lot on Ethereum's rebound at 2660-2680, with a stop-loss near 2720. Target levels are 2620-2600-2580, and hold on breaking through based on the situation!
If wrong, do not hold onto the position; cut losses where necessary. If right, gradually move the stop-loss to protect profits. This is my secret to minimizing losses and maximizing gains. Market conditions are always fluctuating; it’s impossible to catch every wave and ride it all the way. I firmly believe that I cannot earn money outside of my understanding, so I would rather miss out than make a mistake! #我的COS交易 #小非农数据即将公布