Reviewing the intraday market, after the sharp and significant pullback in price yesterday evening, the market continued to consolidate sideways throughout the day to repair the chart. Tonight, driven by the release of non-farm payroll data and the US stock market, "Black Friday" is once again underway, and the price has fallen below 70,000. The low briefly tested around 68,000. Reflecting on the intraday layout, the long positions aimed at rebound and recovery were stopped out in the morning. Influenced again by the non-farm payroll data tonight, there was also a misjudgment. The intraday layout was not very satisfactory, and Hao Yu's judgment also made a mistake. A momentary mistake doesn't mean much. Regarding the upcoming market, I will adjust my mindset and fully dedicate myself to analysis and strategic positioning moving forward.

Looking at the four-hour chart of Bitcoin, the price surged strongly upward, testing the 74,000 resistance level, then quickly fell back with a series of bearish candles. The price then rapidly dropped below the four-hour midline. As market sentiment and US stock influence are gradually digested, the downward move has encountered relatively clear support. However, the price is still within the indicator range. From the overall candlestick structure, although there was a significant retracement, the price remains within a triangle zone. After some consolidation and repair, on a larger scale, we still expect the upward trend to continue. In the short-term hourly chart, the price experienced a quick decline with consecutive bearish candles, and the Bollinger Bands expanded rapidly downward. Currently, the downward movement is encountering resistance, and the rebound demand continues to grow. The price has entered a sideways consolidation and repair phase. As US stocks approach closing and the weekend market approaches, the pull and repair phase is expected to continue further. In the short term, we anticipate a rebound and recovery after the sharp decline, and a bullish approach can be considered for participation.
For Bitcoin, consider going long around 68,200, with attention to 69,500. For altcoins, consider going long around 1,960, with attention to 2,050. #美伊局势影响 #非农就业前瞻