[Monday morning market analysis]

It was a misunderstanding, brothers, we have been fighting for 23 years in 24 years. The rebound and repair mentioned in yesterday's morning market is a very good continuation today. The daily line also successfully closed positive in the morning. The volume is not large, but overall, the market demand is gradually warming up.

The market panicked because of the non-agricultural data. In addition to the almost complete annihilation of US bonds: the stock market plummeted, the US dollar plunged, Bitcoin plummeted, crude oil plummeted, and even the safe-haven asset gold fell. The three major US stock indexes fell collectively by more than 1%.

Going back to the K-line, on the daily line, it can be seen that after the announcement of the plunge on Friday, a long negative column was closed, and the currency price was sent to 525 unilaterally all the way. So the market panicked, deviated from the range below without any support, and the decline exceeded 6,000 points. So even if it retreated at the beginning of the week, there would be little room for further decline. Structurally, it is likely to operate in a weaker pattern. It has rebounded by more than 2,000 points last night. If it fails to rise this morning, you can continue to choose to short at the previous pressure level (56). If it continues to rise, you can consider adjusting before the market opens.

Operational suggestions

Short around 56-57

Target is 535-545 range

Defense zone is 58

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