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Last night, the release of non-farm payroll data did not cause much impact on the market, but the subsequent price followed the US stock market's rhythm and quickly rebounded. The high point once tested above 92,000. After continuous tug-of-war, the price ultimately failed to stabilize effectively above the key level, instead continuing to decline. Currently, the price is again hovering around the support level of 90,000, entering a low-range sideways consolidation. The recent price movement still continues the previous wide-range tug-of-war rhythm. My clear strategy of pulling back to enter long positions was precisely fulfilled last night. My strategy and market feel remain accurate. Recently, I have been fully focused on real trading students' layouts. Friends with ideas can follow directly.
Looking at the four-hour chart of Bitcoin, the price continued downward, forming a small bullish candle, then rebounded from the bottom, briefly tested the upper middle band resistance, and closed with a bearish candle that quickly engulfed all the previous upward space. The current price has fallen back near the previous rally point. Overall, the price remains stable within the triangle range. On the four-hour level, the bearish trend continues to shrink in volume, and the market will face new direction choices. The weekend market is approaching again, and the market will inevitably enter a sideways consolidation phase. In the short-term hourly chart, after testing the upper band resistance, the price quickly fell below the middle band with a series of bearish candles. The short-term bulls still hold some advantage, but overall, the momentum is continuously weakening. As the weekend approaches, market liquidity will also diminish. After continuous downward movement, a necessary rebound and correction will occur. Given the increasing demand for technical correction at this stage, we maintain a short-term pullback to enter long positions.
Bitcoin around 90,000, watch near 91,500; Bitcoin Cash around 3,050, watch near 3,150. #非农就业数据 #每日行情分析