#美国非农就业数据未达市场预期 Recent 3-Day Market Summary: High-Level Pullback Played Out As Expected, Technical Predictions Found Their Footing
Over the past few trading days, Bitcoin has declined from the high of 94415, with some fluctuations in between, but the downtrend has remained intact, ultimately closing near the phase lows. Looking at the market environment, this pullback is primarily driven by sustained ETF outflows and profit-taking following the short-term overbought conditions. This logic aligns with previous assessments—resistance at highs followed by pullback, providing good opportunities for short positions.
Breaking down the technical side: From the perspective of support levels and Fibonacci retracements, entry points can be identified near 94415, with 93800 and 93200 representing important resistance levels. Scaling in gradually can capture the core segment of the downtrend. The key is to use ATR-based dynamic stop-loss adjustments while setting time-based stops as dual protection, effectively mitigating risks from short-term volatility.
This pullback spans several thousand points in magnitude, presenting a decent wave trading opportunity for traders with precise positioning. The issue is that the weaker-than-expected US non-farm payroll data serves as a catalyst, causing market expectations for economic outlook to adjust downward, further dampening $BTC's short-term sentiment. $ETH, while not declining as sharply, is also under pressure. The key going forward is whether this downtrend can hold at critical support levels and whether ETF capital flows show signs of stabilization.
#美国非农就业数据未达市场预期 Recent 3-Day Market Summary: High-Level Pullback Played Out As Expected, Technical Predictions Found Their Footing
Over the past few trading days, Bitcoin has declined from the high of 94415, with some fluctuations in between, but the downtrend has remained intact, ultimately closing near the phase lows. Looking at the market environment, this pullback is primarily driven by sustained ETF outflows and profit-taking following the short-term overbought conditions. This logic aligns with previous assessments—resistance at highs followed by pullback, providing good opportunities for short positions.
Breaking down the technical side: From the perspective of support levels and Fibonacci retracements, entry points can be identified near 94415, with 93800 and 93200 representing important resistance levels. Scaling in gradually can capture the core segment of the downtrend. The key is to use ATR-based dynamic stop-loss adjustments while setting time-based stops as dual protection, effectively mitigating risks from short-term volatility.
This pullback spans several thousand points in magnitude, presenting a decent wave trading opportunity for traders with precise positioning. The issue is that the weaker-than-expected US non-farm payroll data serves as a catalyst, causing market expectations for economic outlook to adjust downward, further dampening $BTC's short-term sentiment. $ETH, while not declining as sharply, is also under pressure. The key going forward is whether this downtrend can hold at critical support levels and whether ETF capital flows show signs of stabilization.