The latest released US unemployment data is quite interesting. In the week of October 18, the number of initial unemployment claims was 232,000, and the number of continuing claims increased to 1,957,000, with previous data also revised upwards. The labor market is clearly not as strong. What does this have to do with the crypto world? It has a lot to do with it. The rising unemployment figures indicate that the economy is cooling down. If the Federal Reserve sees that inflation remains relatively stable, it is likely to continue its monetary easing. Once liquidity is loosened, there will be hope for Bitcoin and other digital assets—after all, when the market is not short on cash, funds will always look for places to go. Looking back at history, we can see that during times of uncertainty, risk assets tend to hold up better. Cryptocurrencies, with their decentralized attributes, are naturally an alternative for diversified allocation. Some say it is a safe haven, while others say it is speculation, but it is undeniable that it is indeed attracting the attention of more and more funds. Retail friends, don't rush to all in right now, and don't let short-term fluctuations mess up your mindset. Focus on mainstream coins with solid fundamentals, ETH, as an established player, is worth paying attention to. Is the market volatile? It's a good opportunity to enter in batches. Manage your positions well, don't go all in, and avoid excessive leverage. Macroeconomic data changes, and the market will change. Opportunities are hidden in challenges; the key is whether you can remain calm and look a bit further ahead.

Silk Road on the evening of November 18 The hourly Bollinger Bands are showing a downward divergence pattern, with the opening continuously expanding, visually reflecting that the short-term bearish momentum in the market is accelerating. Under the dominance of the downward trend, the lower band is being continuously pulled downward, making the overall downward tendency increasingly significant. The pancake rebounds to around 91800-92500, with the target looking down at 90700-8700. The two pancakes rebound to around 3100-3120, targeting a drop to 3000-2950#逆势上涨币种推荐 #比特币行情观察 $BTC $ETH .

BTC/ETH Analysis and Operations on Tuesday Evening From a technical structure perspective, BTC and ETH show significant bearish characteristics on the 4-hour cycle: after a brief rebound, the market quickly enters a continuous decline, with short selling volume consistently being released and showing a spreading trend. Although long lower shadows appear consecutively below the bearish K-line, indicating that there is a phase of support contention during the downward process, the current bearish pattern has basically been established, and short-term rebounds are more inclined towards exhaustion pullbacks, making it difficult to reverse the overall downward trend. The 1-hour cycle presents a clear stepped downward structure, consistently operating along the lower band of the Bollinger Bands. Although it has not effectively broken through the lower support, it remains within the downward channel throughout, with a lack of rebound momentum in the technical indicators, significantly increasing the probability of continued decline in the future. BTC: 91500-92500 short, look around 88000 Ether: Short at 3070-3120, looking at the 2900 level near #BTC #ETH #逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察