#密码资产动态追踪 Market Observation on Bitcoin and Ethereum



Bitcoin started to face resistance at 91,700 today, falling back to around 89,600 before stopping. It then rebounded, but is now stuck in a narrow range—a typical "high resistance + low rebound" pattern.

The most critical factor right now is tonight’s US non-farm payrolls data. This data is no joke; it directly determines whether the Federal Reserve will continue to loosen monetary policy. If the data exceeds expectations, market expectations for rate cuts will cool off, and the market could even break below key support levels, opening up more downside space. Conversely, if the data is average, there might be a short-term rebound, but don’t expect it to go too high; overall, the trend remains weak. So tonight, be prepared for extreme volatility with sharp rises and falls after the data release.

From a technical perspective, the hourly Bollinger Bands have clearly diverged—the middle and lower bands are expanding downward, signaling ongoing bearish momentum. Although the upper band is still trending upward, it’s just a resistance level during rebounds and cannot provide effective support. The bottom is continuously consolidating, and the lower band is also moving down, indicating that sellers are still actively pushing prices down, with no signs of easing short-term downward pressure.

Trading Suggestions:
Bitcoin: Short at 91,200-92,000, target 88,700-87,600
Ethereum: Short at 3,140-3,180, target 3,010-2,950
BTC-0,98%
ETH-1,47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
SerumSurfervip
· 15h ago
We really need to keep a close eye on this non-farm payroll data; it feels like it's either going to surge or plummet, with no middle ground.
View OriginalReply0
HodlAndChillvip
· 01-11 19:30
Be careful with tonight's non-farm payrolls; it feels like there's no point if we can't break 89,600 today.
View OriginalReply0
ChainSpyvip
· 01-10 19:37
The non-farm data really can't be held back, tonight's probably going to be bloody.
View OriginalReply0
TopBuyerBottomSellervip
· 01-09 13:31
Non-farm data can really scare people to death. It feels like tonight will either surge or plummet, with no middle ground.
View OriginalReply0
MintMastervip
· 01-09 13:24
If the Bollinger Bands are already diverging like this, why not break? If tonight's non-farm payrolls explode, I really won't be able to hold it. I bet five dollars that it will break below 87,600.
View OriginalReply0
SybilSlayervip
· 01-09 13:20
Non-farm data is really critical. To be honest, I'm a bit nervous about entering short positions now. If the market moves in the opposite direction and crashes, I could get liquidated immediately.
View OriginalReply0
NotAFinancialAdvicevip
· 01-09 13:13
Non-farm data is really crucial; tonight we might get hammered and left in ruins.
View OriginalReply0
StablecoinEnjoyervip
· 01-09 13:08
Non-farm payroll data is coming out, you really need to be mentally prepared. Looks like we're in for a bloodbath tonight.
View OriginalReply0
TokenomicsTrappervip
· 01-09 13:06
ngl the nonfarm data is basically a vesting unlock schedule for the fed's dump mechanics — called this exact pump-fake pattern months ago, literally textbook greater fool territory rn
Reply0
UncleWhalevip
· 01-09 13:02
Coming back with this again? Bollinger Band divergence, bears gaining momentum—it's getting so repetitive that my ears are getting calloused, haha. But we really need to be cautious about the Non-Farm Payrolls; I'm also betting on how it will move.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)