The non-farm data was not announced as expected, exiting long term long orders too early is a regret! 10.4 BTC ETH strategy.


The initial jobless claims and non-farm data have not been released on time. The former head of the Bureau of Labor Statistics during Trump's first term predicts that the data is almost ready for release. Democratic Senator Warren criticizes the Trump administration for deliberately withholding non-farm data, attempting to obscure the Federal Reserve's decision-making. Meanwhile, yesterday the cryptocurrency price surged again, and the long order was still exited too early. The short order for BTC regrettably hit the stop loss, while the entry point for ETH's short order was just right, allowing for a decent opportunity to profit. This wave can't be considered a loss.
The daily BTC once again closed positively, with both the upper and lower wicks and the body part not being short. The price of the coin pierced the upper band and then retreated, the Bollinger Bands are opening, the KDJ three lines are slowing down in the overbought area, the MACD double lines have golden crosses upwards, and the volume continues to increase. Overall, the trend remains strong, but there is obviously a demand for a pullback. A significant drop over the weekend seems unlikely, but a second peak exploration could be a chance to layout a short position! The upper pressure levels to watch are 124000 and 124500; if broken, we need to look at the 130000 level. The support levels below to watch are 121500, 120500, 119200, 118200, and 117500. For ETH, watch the upper levels of 4590, 4640, 4690, 4765, and 4800, and the lower support levels of 4450, 4420, 4400, 4350, 4270, and 4200.
10.4 long order strategy:
Aggressive traders can enter long orders on BTC at the pullback of 117500-118000, while conservative traders can enter at 116500-117000, with a stop-loss around 116000. The target is around 119000-119500, and if it breaks, look for 120000-121000-122000. Continue to adjust stop-losses based on the situation!
ETH aggressors pull back to 4400-4430 to continue long orders, conservatively enter at 4330-4460, defend near 4300, target 4470-4500-4530, if broken look at 4560-4590, continue to move the stop loss for profit based on the situation!
10.4 short order strategy
BTC rebounds 122500-123000 trying to short, for conservative traders enter at 123500-123800, defend around 124500, target around 121500-121000, if broken look at around 120500-120000, if broken move the stop loss based on the situation!
Try to short ETH on the rebound at 4550-4580, with a defense around 4620. The target is at around 4500-4470-4450. If it breaks, watch for around 4430-4400, and continue to adjust the stop loss based on the situation!
During the National Day holiday, along with the Mid-Autumn Festival for family reunions. I wish everyone good health, all the best, and family togetherness! Today I am also visiting to celebrate the festival and pay homage to my ancestors! Currently, I've touched the early high point and cannot effectively break through; the coin price is expected to retrace, which may be a long term opportunity! #成长值抽奖赢iPhone17和周边
BTC-2.66%
ETH-4.77%
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