StargazingBtc

The market is in a sideways bearish pattern above a key support level. Technical indicators (MA in a bearish arrangement, weak MACD bullish crossover below zero, BOLL narrowing) and volume-price structure (shrinking volume during rebounds) do not support a strong upward move. Although there are signs of short-term capital inflow, medium-term capital outflows and heavy resistance from multiple moving averages above indicate that the bears still hold the advantage. In terms of trading strategy, avoid chasing rallies or selling in a downtrend; patiently wait for the price to rebound to the resist

Preview the previous unemployment benefits figure in advance—are you paying attention to Black Friday and know how to plan your strategy?

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Market window period has arrived
Precise strategies, verifiable win rate
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✅ Strong execution, closely following the rhythm
✅ Strict discipline, stop profit and loss
🔹 Within 1 week | Short-term quick in and out
🔹 1-3 weeks | Short to medium-term combined layout
🔹 5 weeks+ | Mid to long-term trend catching
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Pay attention to two important data releases tonight: 【U.S. April Seasonally Adjusted Non-Farm Payrolls (in ten-thousands)】
Previous value: 17.8 Expected: 6.2 Release/Pub. value: Not announced
Jin10 Data Importance Rating: ★★★★★
Data release time: May 8, 2026, 20:30 【U.S. April Unemployment Rate】
Previous value: 4.30% Expected: 4.30% Release/Pub. value: Not announced
Jin10 Data Importance Rating: ★★★★★
Data release time: May 8, 2026, 20:30

Morning Outlook:
Exercise caution when shorting entry timing: The current price (79751) has approached the intraday low of 79461.5 and the first support level of 79440.93.
Aggressive traders may consider entering short positions on a rebound to around 80000-80241 (the convergence zone of MA5/MA10 and the first resistance level), and when a stalling bullish candlestick pattern appears (such as an upper shadow or bearish engulfing), with a small position.
If the price directly breaks below 79400 with increased volume, consider chasing the short, but be aware of false breakout risks.
Stop

Secure your gains, and aggressive traders can hold half their position to continue watching.

[Number of initial unemployment claims in the United States for the week ending May 2] ten thousand people
Previous value: 18.9 Expected: 20.5 Actual: Not announced
Data importance rating: ★★★★☆
Data release time: May 7, 2026, 20:30

Early morning thoughts, already close to the target position, keep looking further down.

Early morning direction: Exercise caution when shorting Entry timing:
Aggressive strategy: When the price rebounds to the 81,550 - 81,650 range (confluence of MA5, MA20, and Bollinger middle band resistance zone), and shows signs of weakening upward momentum or a small cycle (such as a 15-minute) bearish candlestick pattern (like pin bar, engulfing), consider entering a short position.
Conservative strategy: Wait for the price to effectively break below the key support at 80,736 (BOLL lower band), accompanied by increased volume, then go short in the trend.
If entering within the 81,550-

Afternoon direction: Cautiously short. Technical indicators (MA, MACD, volume and price) show a resonance leaning bearish, and short-term capital outflows, with the price near a key support level, indicating a downward testing demand. However, considering medium to long-term capital inflows and the key support level, the downside space may be limited, so caution is required. Entry timing: Aggressive strategy: If the price rebounds to around 81,260-81,360 (the overlapping resistance zone of MA20 and MA5) and stalls, consider entering a small short position. Conservative strategy: Wait for the p

Some see hope, others see traps; hesitation causes missed opportunities, only decisiveness can turn the tide.

【Today's Key Economic Data and Events: Tuesday, May 5, 2026】
① 14:30 Switzerland April CPI Monthly Rate
② 20:30 U.S. March Trade Balance
③ 21:45 U.S. April S&P Global Services PMI Final
④ 22:00 U.S. April ISM Non-Manufacturing PMI
⑤ 22:00 U.S. March JOLTS Job Openings
⑥ 22:00 U.S. March Total New Home Sales Annualized
⑦ Next Day 04:30 U.S. API Crude Oil Inventories for the Week Ending May 1

Take a wave of pullback

Current mainstream CEX, DEX, and funding rate displays show that market short-selling sentiment has weakened
On May 4th, according to Coinglass data, as Bitcoin strongly broke through the $80k mark, the current mainstream CEX and DEX funding rates show a significant weakening of market short-selling sentiment, with specific funding rates shown in the attached chart.
BlockBeats Note: Funding rate is a rate set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, usually applicable to perpetual contracts. It is a mechanism for f