BTC has plummeted for 72 hours. Is it time to stop the decline tonight?

BTC has plummeted by $9,000 in the past three days, and now it has narrowed to $7,000!

Although the non-agricultural data tonight is higher than expected, it is still a big drop compared to the previous value, so in the medium-term comparison, it is still one of the targets for the Fed to cut interest rates; the unemployment rate has increased by 1 percentage point, needless to say, it is also a small positive, and it is a target supplement for medium- and long-term interest rate cuts; the news will not immediately affect the market, it all requires a process, just know the result, the back and forth between the bullish and bearish are just to make the economy more solid!

Back to BTC tonight and the weekend:

BTC has a need to break through 55,800 to touch 56,300 ± 200 dollars before 1:00 tonight, and 55,350/54,800 can be regarded as an opportunity in the first half of the night!

What needs to be paid attention to in the early morning is the support strength of the pin or retracement without breaking 54,000. It can fall but must be recovered!

If the price consolidates at 54200±200 after a deep squat around 5:00 tomorrow morning, you can decisively set a stop loss of 1% more than one hand!

If the closing price stabilizes at or above the 54000-54500 range tomorrow, then any deep squat on the weekend is an opportunity to gamble on weekend red envelopes and expenses!

The above are all ultra-short-term and short-term ideas within 24-48 hours, and cannot represent the ideas for next week!

All of them are small red envelopes, and strong ones may be wiped out, so control your position!

#美国6月非农数据高于预期