#美国非农就业数据未达市场预期 Non-farm payroll data released, a big drop. Although the increase in employment was below expectations and considered bearish, the unemployment rate unexpectedly fell, which is awkward—initially, the probability of a rate cut was rising rapidly, but once the unemployment data came out, a January rate cut became basically a pipe dream. The market's reaction to this set of data has been quite dull, clearly not fully digested yet.

Yesterday's short-selling ideas worked well; Bitcoin dropped over 1,000 points, and Ethereum almost followed suit, but unfortunately, the move didn't fully materialize. It's a pity, but the market is just so capricious.

From the daily chart perspective, Bitcoin and Ethereum have been closing with consecutive down candles these days, with the Bollinger Bands expanding upward in unison. On the technical indicators, KDJ has already formed a death cross on all three lines, and MACD's momentum is gradually shrinking, signaling a clear bearish trend. But this market feels a bit stuck—capital inflow hasn't fully exited yet, and even such heavy non-farm payroll data didn't stir up much turbulence. The weekend probably won't create much wave either. Continue to operate within the range and avoid reckless moves.

**January 10 Short-Sell Reference**

Bitcoin: Consider shorting when rebounding to the 91,600-92,000 range, with a stop at around 93,000. First target: 91,000-90,500; if broken, watch the 90,000 level. If it continues downward, focus on 89,500-89,000, then adjust stop-loss to lock in profits based on the situation.

Ethereum: Short when rebounding to 3,140-3,180, with a stop at 3,230. Targets are sequentially 3,100-3,070-3,050; if broken, look at 3,020-3,000, then move stop-loss accordingly to protect gains.

**January 10 Long-Sell Reference**

Bitcoin: If retracing to 88,500-89,000, you can gradually build long positions, with a stop at 88,000. Targets are 90,000-90,500-91,000; if broken, look at 91,500-92,000.

Ethereum: If retracing to 2,970-3,000, consider going long, with a stop at 2,930. Targets are 3,050-3,070-3,100.

The market has no absolute direction; the key is disciplined execution—act when the points are right, and wait patiently when they are not. Don't chase orders or trade excessively; years later, you'll thank yourself for your restraint.