$DOGE Non-farm data publication is favorable, but the US stock market opened with a stunning reversal? Let's take a look at what happened in the financial markets today!

Today, the non-farm data was released positively, and after the US stock market opened, it immediately showed a strong upward momentum, climbing to around the 71500 resistance level in 4 hours. However, the good times didn't last long, as the breakout momentum could not be sustained, and it subsequently fell below the support level of 70000 on the hourly chart. Currently, the market is looking for the next support point, expected to be around 68800.

Meanwhile, Ethereum has also not been spared and has shown a correction. It didn't even touch the 2600 level before starting to correct. However, there is strong support below at around 2420, so investors need not worry too much. It is worth noting that the sharp drop in Bitcoin also led to a drop in DOGE, but this just gave us an opportunity to add to our positions, with around 0.155 being the ideal level to do so.

Market conditions can change rapidly, and trends can shift at any moment. Although the data is favorable, major funds have taken advantage of the data to press down on the market more than once or twice. Therefore, we need to remain vigilant and closely monitor market dynamics to make timely and correct decisions.