Friday, non-agricultural sector debuts, Bitcoin, Ethereum, operating ideas
The price of Bitcoin has reached near historical highs. It is on an upward trend at this time, and there are also many good news. Institutions entered the market to buy Bitcoin spot ETH, especially since Wall Street has had net inflows for more than ten consecutive days, and market sentiment has been good.
From a technical point of view, after rising in the first few days of the week, the daily line continued to be positive at the bottom, confirming the basis for the rise. It temporarily stopped at the 71,800 mark. After midnight adjustment, it fell back to around the 70,000 mark. This directly reminds everyone that Zuo Duo is currently cashing in. If it rises, then the pattern is still a normal adjustment and the strength has not changed.
Especially the non-farm payrolls at night, you need to pay attention to the probability of a final decision. Last month's non-farm payrolls data was 175,000, and this month's expected number is 185,000. The expected number is not large. If it is lower than 175,000, it is good, and if it is higher than 200,000, it is bad. If it is between 170,000 and 190,000, the operation is not very big. Everyone should be clear about this data.
For today's short-term operation, there should still be shocks, and there may be needle-catching actions like this early morning. The rising volume of the contract market has obviously not kept up, and there is also selling pressure in the spot market. At this time, if you directly chase Gao is obviously not so rational. Many partners will ask, which position is more suitable for us to take the long position? Altman believes that this round of long position should be combined with short-term and market sentiment, especially before non-agriculture, there are only two positions.
1. If the price of Bitcoin drops rapidly around 69,700, it will be safer for us to go long and absorb the volume of sellers.
2. Or trade sideways at 71000 to complete the time correction. In other words, as the saying goes, it can no longer fall. When it reaches the trend line, we can open long and wait for an upward breakthrough.
We look forward to Bitcoin leading the crypto market to a big explosion this June.
Ethereum, the daily structure ushered in a wave of callbacks in the early morning, and rebounded after testing support multiple times. The shape is still in the 100-pound area of the box. The four-hour structure continues to fluctuate and flatten. The upper pressure level is around 3880, and the lower support level is around 3750. , stand firm above 3780 during the day, and buy near 3775 in the short term, with the target looking at 3825-3865.
Friday operation ideas
BTC, 70600 is long, look for 72300, if it does not break, look for 73800.
ETH, long on 3775, look for 3930, if it doesn’t break, look for 4000 if it breaks.
If the luck is not good, follow the basket!
