On Saturday, Bitcoin closed with volatility, continuing range-bound trading in the short term.
Yesterday's non-farm payroll data was bullish, but the overall impact was limited. Bitcoin briefly rebounded to the 92,000 region before facing resistance and pulling back for correction. The rise after the data and the US market lacked sustainability. After taking profits on our long positions, we chose to stay on the sidelines.
Currently, the market is in a narrow range tug-of-war. Today is also Saturday, so large fluctuations are not expected. In the short term, consider going long around 90,000, and if it rises by a thousand points, look for an opportunity to short at the peak. The range is locked between 89,700 and 92,000.
Bitcoin: Suggest going long in the 89,700-90,200 zone, targeting 91,500. If it breaks 92,000, boldly short.
Ethereum: Suggest going long in the 3,050-3,080 zone, targeting 3,150. If it doesn't break, then reverse to short.
A seasoned veteran of eight years, witness to the cycles of bull and bear markets, I prefer to walk with the light rather than fight alone. Buddha guides those with affinity, only waiting for the dedicated.
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On Saturday, Bitcoin closed with volatility, continuing range-bound trading in the short term.
Yesterday's non-farm payroll data was bullish, but the overall impact was limited. Bitcoin briefly rebounded to the 92,000 region before facing resistance and pulling back for correction. The rise after the data and the US market lacked sustainability. After taking profits on our long positions, we chose to stay on the sidelines.
Currently, the market is in a narrow range tug-of-war. Today is also Saturday, so large fluctuations are not expected. In the short term, consider going long around 90,000, and if it rises by a thousand points, look for an opportunity to short at the peak. The range is locked between 89,700 and 92,000.
Bitcoin: Suggest going long in the 89,700-90,200 zone, targeting 91,500. If it breaks 92,000, boldly short.
Ethereum: Suggest going long in the 3,050-3,080 zone, targeting 3,150. If it doesn't break, then reverse to short.
A seasoned veteran of eight years, witness to the cycles of bull and bear markets, I prefer to walk with the light rather than fight alone. Buddha guides those with affinity, only waiting for the dedicated.