Hello everyone! Continuing through the weekend! On Saturday, the outlook still leans towards a bearish view.



Yesterday, the US non-farm payroll data was released. Based on the unemployment rate and employment population figures, the market signals a decline in the unemployment rate, which suggests the pace of rate cuts may slow down. From a sentiment perspective, this creates a relatively clear bearish atmosphere.

After the data was released, the market表现得相当沉闷, so we just observe on the sidelines, waiting for a rebound opportunity to short. As expected, in the early hours, Federal Reserve Board member Harker's comments triggered a rally, providing a shorting opportunity in the 91,500-92,000 range, which later fell to 90,300, fully closing the position. This short trade yielded quite a good profit!

Today, Saturday, trading volume is usually limited, and overall market enthusiasm may be somewhat subdued. Especially after a rapid rally, failing to hold the new high, and then quickly retracing, this kind of movement can easily be interpreted as a sign of distribution at high levels. It is recommended to continue mainly bearish on Saturday. If the move is more aggressive, it might probe towards the 895-886 area, because the bearish sentiment on Friday was not fully released, and there could be a dip during the weekend on Saturday and Sunday.

For Bitcoin, consider shorting in the 90800-91200 range, focusing first on the support levels at 89800-893-886. If it really returns near 89800, try a short-term long position. A downward breakout will depend on whether 893 can hold.

Ethereum's market activity has indeed been low these days. Although there has been a rebound, the strength has always been limited, and the trend generally follows Bitcoin's rhythm. Just enter and exit in sync.

That's all for now. Everyone, rest well, spend more time with family, and wait for the right entry points before taking action. #美国非农就业数据未达市场预期 $ETH
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