The non-farm payroll data released tonight is positive, and the market experienced a slight spike, but currently the volatility remains around the 90,000 level. In the short term, the market continues to oscillate. Regarding Ethereum, the price fluctuations are relatively small. After a rebound to 3150 yesterday, it faced resistance and pulled back, and it has not further declined today. The overall trend remains strong. Tonight, we will continue to discuss the market outlook with everyone.
Looking at the current chart, after the four-hour chart retested the 120-day moving average and formed a long upper shadow, the price remains oscillating around the key Fibonacci 38.2% level after this round of highs. Combined with the MACD bullish divergence, the future trend is more likely to move upward. Yesterday, after a rebound near 91,500, it faced resistance and pulled back. In the short term, there is a further continuation of oscillation to prepare for a bullish accumulation after the correction. The trading strategy remains a low-buying approach.
Bitcoin can be bought around 90,000, targeting 92,000. The altcoin can be bought around 3050-3080, targeting 3150. #BTC #ETH
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The non-farm payroll data released tonight is positive, and the market experienced a slight spike, but currently the volatility remains around the 90,000 level. In the short term, the market continues to oscillate. Regarding Ethereum, the price fluctuations are relatively small. After a rebound to 3150 yesterday, it faced resistance and pulled back, and it has not further declined today. The overall trend remains strong. Tonight, we will continue to discuss the market outlook with everyone.
Looking at the current chart, after the four-hour chart retested the 120-day moving average and formed a long upper shadow, the price remains oscillating around the key Fibonacci 38.2% level after this round of highs. Combined with the MACD bullish divergence, the future trend is more likely to move upward. Yesterday, after a rebound near 91,500, it faced resistance and pulled back. In the short term, there is a further continuation of oscillation to prepare for a bullish accumulation after the correction. The trading strategy remains a low-buying approach.
Bitcoin can be bought around 90,000, targeting 92,000. The altcoin can be bought around 3050-3080, targeting 3150. #BTC #ETH