Since this Monday until now, Bitcoin has been fluctuating around 95,000, with both bulls and bears waiting for fundamental data to break the current situation.

Tonight, the US November ADP employment data will be released, along with the upcoming initial jobless claims and non-farm payroll data; Bitcoin's fluctuations will soon come to an end.

Currently, Bitcoin is still jumping back and forth in the range of 98,000 to 94,000, where there is no absolute right or wrong for either side, both have opportunities and profits to exit. The strategy is to sell high and buy low within this range, and a breakout of the range is bound to happen within three days.

Since repeatedly bouncing back from 98,000, there have been frequent fluctuations up and down, with bulls and bears switching back and forth. With the data released tonight and the subsequent heavy data coming one after another, as long as neither side chases in this range, there is profit to be made. However, I remind you: after the breakout of the range, you need to exit quickly.

Today, my view remains in the range of 97,000 to 94,000, with a defense set above 97,600 and around 97,700. The current price around 96,950/97,000 is fine to continue shorting. Currently, the average entry price for Bitcoin today is basically controlled around 96,700-96,800-96,900, keeping the upper edge of the box. However, don’t set your targets too far; reducing or closing positions should be done at 1,500-3,000 points, as being too rigid in a one-sided position can lead to volatility.

Ethereum has started again; yesterday I suggested looking for a rebound near 3,500, and it has rebounded over 200 USD. However, a short position above 3,700 is still worth considering, with the stop-loss price adjusted to 3,760, while targets remain at 3,580-3,540-3,500.