柒哥玩币

From the market perspective, first look at the Bollinger Bands (the colored track-like indicators in the figure), the price is currently above the middle band of the Bollinger Bands, and the middle band shows signs of turning upwards, which often suggests that there is a certain advantage for short-term bulls, and the price has the possibility of relying on the middle band to move upwards.
Next, look at the moving averages, in the figure, short-term moving averages show an upward trend, and the moving averages provide certain support to the price. When the price retraces near the moving averages, it is likely to receive support and continue to rise.
In addition, in terms of candlestick patterns, there have been relatively more bullish candles recently, and the bodies have certain strength, indicating that the bulls are gradually dominating the market. Considering these factors, from a technical perspective, there is a trend for the market to continue upward in the short term, but it is also important to pay attention to the potential resistance levels above (such as near previous highs). If it can effectively break through the resistance levels later, the upward space may further open up; if there is resistance at the resistance levels, a certain retracement may occur, but as long as the support from the middle band and moving averages is effective, the overall bullish pattern is likely to be maintained. #非农数据 #ETH

Cryptocurrency Market Analysis: The Tug of War Intensifies, This Signal May Ignite the Market!
Dear friends, today we focus on the cryptocurrency market, and this wave of trends is truly full of highlights, both sides are almost 'rolling' the market to the point of sparking!
First, let's look at the key data. After the market surged to a high of 4494.45, it faced a significant setback, plunging down to 4252.47. This drop is not small, and many people are panicking, wondering if we are about to embark on a long downward journey. But don’t panic! The key point is that after the drop, it hasn’t fallen all the way down, but rather entered a phase of narrow fluctuations.
Next, let’s examine the moving averages and other indicators. The 5-day moving average and the 10-day moving average have their own intricacies in the current trend. The movements of short-term moving averages are often an important reference for short-term trends. Currently, the moving averages are in a tangled state, which actually reflects that both sides are quite cautious, and no one wants to reveal their 'bottom cards' first.
So where is the explosive point? Friends, this narrow fluctuation situation cannot last forever; a direction must be chosen! From the market perspective, there is a certain support force below, preventing the price from further plummeting; there is also pressure above, restricting the price from breaking through easily. However, if a large bullish or bearish candlestick appears, effectively breaking through the current fluctuation range, then the market could 'explode'! If it breaks upwards, it could very well initiate a nice rebound or even a rising trend; if it breaks downwards, it might test the strength of the support below again.
For us cryptocurrency investors and enthusiasts, now is the time to test #patience and vision. This critical turning point often presents the most opportunities. So friends, be sure to closely monitor the market movements, especially the changes in trading volume, as trading volume often reflects the intentions of funds in advance.
Finally, I want to remind everyone that the cryptocurrency market is highly risky, and operations must be cautious, with good risk control. If you find this useful, remember to like and follow, and let’s 'sail against the wind' together in the cryptocurrency market! #eth #非农数据

Tonight, Canada and the United States' economic data is being released intensively, and the impact on the crypto market can be described as a "battle of bulls and bears," with frequent explosive points.
Canada's employment numbers plummeted by 40,800, indicating a weak job market; typically, safe-haven funds would flow into the crypto market, which is a positive sign. However, on the US side, a decline in the unemployment rate should benefit traditional markets and negatively impact the crypto market, but the non-farm employment population fell short of expectations, casting doubt on the economic recovery. Funds might flow back into the crypto market, which could be a potential positive.
The US wage data is even more explosive! The annual rate of hourly wages unexpectedly surged, which could increase disposable income and bring funds into the crypto market; on the other hand, if wages rise too quickly and trigger inflation, expectations for the Federal Reserve to tighten monetary policy will surge, which would be a heavy negative for the crypto market. Looking at the supply chain pressure index, while it shows improvements in the supply chain benefiting the real economy, whether funds will flow away from the crypto market remains uncertain.
These data points intertwine the logic of bulls and bears, and short-term volatility in the crypto market is a certainty. The biggest explosive point lies in whether wage data triggers expectations for a shift in Federal Reserve policy; if so, the crypto market may face a "bloodbath"; if funds surge into the crypto market due to economic recovery falling short of expectations, it could spark a "celebration wave," with a showdown between bulls and bears imminent! #非农就业数据来袭 $BTC