After the end of the third round of highs, there is likely to be pressure again at the 110,000 mark. Last night, influenced by the small non-farm payroll and the strong opening of the US stock market, the effects were only felt in the later hours of the night, and there were also factors that digested the positive news in advance.

Overall, the upward trend was not too surprising, but the spike before the rise disrupted our process. Currently, the prices during the day are starting to fluctuate and pull back, with the first expectation around 10.8-78.

Pay attention to the vicinity during the day for a reference expectation; if the pullback is insufficient, continue to wait for the upward movement to finish before going short; for Ethereum, a short position can be considered near 2600 during the day.

Moreover, this month's non-farm payroll is announced a day early, with expectations released at 8:30 PM tonight. The ADP data released yesterday was slightly positive, but the employment situation is not optimistic, which is bearish for the US dollar.

This serves as a small reminder; therefore, tonight's non-farm payroll is not overly optimistic.

Additionally, the market will be closed for one day this Friday, and it is highly likely that everything that should move tonight will be digested completely, followed by a period of fluctuation and reduced volume for adjustments. Therefore, the first wave of short-term recommendations is to finish liquidating before 8 PM tonight, and wait for the announcement of news before starting the next step.