Bitcoin Randy

A new week has begun. From the K-line perspective, Bitcoin is still in a high-level fluctuation. This Friday, there will be two major data releases: non-farm payrolls and unemployment rate. Let's see if Bitcoin can successfully break through the 100,000 mark today. If it breaks through, it will definitely be bullish; if it doesn't, we may have to wait for Trump to come back. Although funds from FTX are slowly flowing into the market, the 100,000 mark clearly has strong resistance. The current market trend is to dollar-cost average into valuable coins and do some swing trading; the bigger moves are still ahead.

In the evening, when the US stock market opens, volatility will significantly increase. During this time, when going long, one must avoid chasing high prices. Ethereum is still lukewarm; its rise is just a matter of time. Once it stabilizes at 4,000, one should buy in fully without hesitation.