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The non-farm data continues to drive the market
Last night, Bitcoin surged to 74,000, but it was just a trap for trapping longs and triggering shorts… Crude oil and gold surged significantly, funds are all in gold and oil now, gold fluctuated by 100 USD, which is equivalent to a 10,000 point move in Bitcoin, and a 300-500 point fluctuation is equivalent to a 3,000-5,000 point move in coins… So who’s still trading coins?
…
Without funds entering the crypto market, just blindly short on rebounds… Still thinking about a bull market? That’s just wishful thinking! As long as gold and oil don’t drop sharply, there’s no chance for a bull market in crypto!
…
Tonight’s non-farm data is bullish,
but the rebound is very weak!
Be prepared for shorts above 70,000…
If there’s no breakout on the rebound, continue shorting below 70,000…
A false breakout? Close the position after the antenna pattern and then re-break below 70,000 to chase the short directly…
😀😀😀
Trading advice:
Bitcoin rebounds in the 69,555-70,000 range, short in batches
Ethereum rebounds in the 2035-2066 range, short in batches
Stop loss 1011/55 points
Take profit at 2000/80 points for a full exit!
😃😃😃
XAUT trading advice:
Buy in batches on pullback to 5035-4988 range
Stop loss 66 points
Take profit at 60-100 points for a full exit
Gold fluctuates too much,
Be sure to strictly set stop losses