Be cautious when chasing long positions, avoid getting caught at the peak❗
The unemployment benefits and non-farm data tonight, whether they meet expectations or fall short, are generally negative for the larger trend. The image below is the analysis for the 1st, which has long been publicly discussed, indicating that this market lacks some crazy sentiment. There hasn’t been a buying climax, so this strong rebound has already reached 110,000, which can be said to be anticipated. We have set up short positions around 109,000, with the lowest target being 5,000 points, and even aiming for 100,000. Therefore, regarding stop-loss and position reduction, everyone can manage it themselves. If there are some heavily invested individuals, I suggest reducing positions at the previous daily high of 110,700, and then short in the larger trend.
Since the direction has been determined, do not be swayed by market sentiment. If you tend to get anxious due to the influence of others' words, I recommend not reading various articles published by market gurus, as they are essentially personal bets, and one must accept the outcome of their own wagers. Let me instill some confidence in you 🎈🎈🎈$BTC