Non-farm data is about to be released,

Comparison of trends between Bitcoin and Ethereum!

1: Yesterday, BTC was around 105,000, observing the weak rebound within 12 hours may present risks, the result was just a brief spike and ended, with a low of around 104,100, a fluctuation of less than 1,500 USD, truly a lot of noise but little action. I also advised everyone to buy at 101,500, but it’s a bit unfortunate that it couldn't break below 103,500.

2: Additionally, the news before tomorrow's non-farm data release predicted a previous value of 177,000 down to 130,000, which may be a favorable sign. Let's see if the market can genuinely rebound with the news, after all, it stood out alone at the top of 112,000, at least a double bottom should appear, or a triple candlestick pattern.

3: Bitcoin has been adjusting for 2 weeks now, with a retracement of 7,000-8,000 USD, and has reached the stage of choosing a pivot point. In the last week, the fluctuation was only 2,000 USD; technically, Bitcoin should have dropped significantly by now, but the reality is that it hasn't, which is thanks to Ethereum.

4: Since Ethereum changed hands, it has been particularly strong. Indeed, this wave of institutional accumulation from around 1,400-1,500 USD has now only reached 1,000 USD, which definitely cannot be easily exited. Technically, Ethereum shows signs of another trial, although the candlestick patterns from yesterday and today's early session look bad with considerable selling pressure, the bottom is gradually rising, and there is an attempt to push upwards, but it needs to cooperate with the news; hence, tomorrow night's non-farm data may be the key to a pivot.

5: In summary, it’s a pivot time node, waiting for the news to materialize stage; don’t rush to trade. If possible, choose to hedge or even observe. It’s better to miss out than to act recklessly. Choose 1-2 targets and prepare strategies to place orders and wait.

6: Pay attention to important ranges:

BTC resistance 105,500—106,500

BTC support 101,500—102,500

ETH resistance 2,650—2,670

ETH support 2,530—2,550

SOL resistance 157—160

SOL support 152—150

If you want to know the important range positions for other coins, feel free to leave a message in the comments, and please like, comment, and share. Thank you 🙏.