Today a new friend came with 2 heavily leveraged positions, a long at 70900 stuck and a short at 69500 stuck, planning to cut losses.

I emphasize again that after the release of the non-farm payroll data in one hour, the Bitcoin market will experience rapid and violent fluctuations, with quick up and down movements. Those with sharp fingers and minds can quickly make money from large profits.

For example, if Bitcoin quickly spikes up to 71380 and 72400, it will also quickly spike down, creating a back-and-forth battle between long and short positions. However, it is important to note that if BTC first plunges down sharply and then continues to rise with low volume, that would be problematic. The premise is that there must be quick rises and falls, with no opportunity for you to add positions.

Ethereum follows the same logic, but ETH is relatively weaker. The resistance at 2527 is not very strong, while the extreme resistance is at 2570. Rapid market movements cannot be used as a basis for future trends, because after the data is released, there is no consensus between bulls and bears, and the competition is intense. #BTC 👉返佣