9.6 US Non-farm Payrolls (NFP) Bitcoin (BTC) Ethereum (ETH) latest market analysis and trading suggestions
Bitcoin (BTC) The current price of Bitcoin is 110,700. It is now 1:30 AM Beijing time. The highest price before the Bitcoin daily candlestick report was 113,400. The US Non-farm Payrolls (NFP) data fell short of expectations, and the market has effectively moved south. What needs to be done now is to hold patiently and execute 100%. After being rapidly pulled up by the impact of the NFP, the daily candlestick formed a long upper shadow and broke through the trend indicator, and is now starting to challenge the support at the 110,000 level. The bearish momentum is forming. Pay attention to the EMA120 trend support at 109,500 and the major support level at 0.618 Fibonacci retracement, which is 105,400. The four-hour candlestick has ended the consolidation and returned to the initial sideways point. The MACD has expanded, and the DIF and DEA have formed a death cross at a high position. The candlestick has also broken below the middle Bollinger Band at 111,150. The lower band support is at 109,500. If the short-term sideways point coincides again at 109,500, then the weekend market is likely to oscillate around 110,000. Friends who cannot hold on may consider taking profits and exiting after the 110,000 level is broken, while those who can hold on may continue to look downward after locking in profits at 110,000.
Short-term reference: The goal is to minimize losses and maximize profits. The northward trial warehouse points are from 110000 to 109500. If it breaks, watch for 109000. The stop loss is 500 points, and the target is from 111000 to 111500. If it breaks, watch for 112000. The southward test position is between 112500 and 113000. If it breaks, look for 113500. Set a stop loss of 500 points, and the target is between 112000 and 111500. If it breaks, look for 111000.
Ethereum (ETH)
The current price of Ethereum is 4292. It is now 1:30 AM Beijing time. The highest point of the daily K-line before this report was 4494. Yesterday, it went down four times at 4470. Before this report today, it chose to go down again at 4470. Congratulations to the coin friends who take advantage of the US Non-farm Payrolls (NFP) once a month. After the daily K-line non-farm surge hit the previous high and then fell back to the previous low EMA30 support point at 4275, it is currently blocked at this line. The next support point to pay attention to is 4065, which is the 0.786 Fibonacci level. The lower Bollinger Band support is at 4050. The four-hour K-line has been continuously blocked with bottom support at 4275. Before this report, it was trying to hit the lower support again. As the old saying goes, a support level that is held for too long must eventually break, so it can continue to hold during the downtrend. As for the coin friends who are looking to go up at 4275, it is recommended to pay attention to the lower Bollinger Band support at 4220. If it breaks, it is advisable to stop loss and exit. The mindset remains primarily bearish, and caution is advised when chasing long positions.
Short-term reference: Be sure to set a stop loss, safety first. The southbound test position is 4440 to 4480, if broken look at 4530, stop loss 30 points, target look at 4400 to 4350, if broken look at 4300 to 4250. The northward trial position is between 4250 and 4200. If it breaks, look at 4150 for support. Stop loss is 30 points. The target is between 4300 and 4350, and if it breaks, look at 4400 to 4450. Buy from 4065 to 4035, defend 4000, stop loss 30 points, target 4100 to 4150, if broken, look at 4200. The specific operations are based on real-time market data. For more information, you can consult the author. There may be a delay in article publication, and it is recommended for reference only!
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9.6 US Non-farm Payrolls (NFP) Bitcoin (BTC) Ethereum (ETH) latest market analysis and trading suggestions
Bitcoin (BTC)
The current price of Bitcoin is 110,700. It is now 1:30 AM Beijing time. The highest price before the Bitcoin daily candlestick report was 113,400. The US Non-farm Payrolls (NFP) data fell short of expectations, and the market has effectively moved south. What needs to be done now is to hold patiently and execute 100%. After being rapidly pulled up by the impact of the NFP, the daily candlestick formed a long upper shadow and broke through the trend indicator, and is now starting to challenge the support at the 110,000 level. The bearish momentum is forming. Pay attention to the EMA120 trend support at 109,500 and the major support level at 0.618 Fibonacci retracement, which is 105,400. The four-hour candlestick has ended the consolidation and returned to the initial sideways point. The MACD has expanded, and the DIF and DEA have formed a death cross at a high position. The candlestick has also broken below the middle Bollinger Band at 111,150. The lower band support is at 109,500. If the short-term sideways point coincides again at 109,500, then the weekend market is likely to oscillate around 110,000. Friends who cannot hold on may consider taking profits and exiting after the 110,000 level is broken, while those who can hold on may continue to look downward after locking in profits at 110,000.
Short-term reference: The goal is to minimize losses and maximize profits.
The northward trial warehouse points are from 110000 to 109500. If it breaks, watch for 109000. The stop loss is 500 points, and the target is from 111000 to 111500. If it breaks, watch for 112000.
The southward test position is between 112500 and 113000. If it breaks, look for 113500. Set a stop loss of 500 points, and the target is between 112000 and 111500. If it breaks, look for 111000.
Ethereum (ETH)
The current price of Ethereum is 4292. It is now 1:30 AM Beijing time. The highest point of the daily K-line before this report was 4494. Yesterday, it went down four times at 4470. Before this report today, it chose to go down again at 4470. Congratulations to the coin friends who take advantage of the US Non-farm Payrolls (NFP) once a month. After the daily K-line non-farm surge hit the previous high and then fell back to the previous low EMA30 support point at 4275, it is currently blocked at this line. The next support point to pay attention to is 4065, which is the 0.786 Fibonacci level. The lower Bollinger Band support is at 4050. The four-hour K-line has been continuously blocked with bottom support at 4275. Before this report, it was trying to hit the lower support again. As the old saying goes, a support level that is held for too long must eventually break, so it can continue to hold during the downtrend. As for the coin friends who are looking to go up at 4275, it is recommended to pay attention to the lower Bollinger Band support at 4220. If it breaks, it is advisable to stop loss and exit. The mindset remains primarily bearish, and caution is advised when chasing long positions.
Short-term reference: Be sure to set a stop loss, safety first.
The southbound test position is 4440 to 4480, if broken look at 4530, stop loss 30 points, target look at 4400 to 4350, if broken look at 4300 to 4250.
The northward trial position is between 4250 and 4200. If it breaks, look at 4150 for support. Stop loss is 30 points. The target is between 4300 and 4350, and if it breaks, look at 4400 to 4450.
Buy from 4065 to 4035, defend 4000, stop loss 30 points, target 4100 to 4150, if broken, look at 4200.
The specific operations are based on real-time market data. For more information, you can consult the author. There may be a delay in article publication, and it is recommended for reference only!