Will the release of non-agricultural data on September 6 trigger a big rise or fall in the cryptocurrency market?
The daily market is currently in the bottom oscillation stage.
The recent round of callbacks has obviously fallen and the volume has shrunk, indicating that in the process of bottom oscillation, the downward force is getting weaker and weaker, and the short force is being digested.
The positive line closed this morning is completely different from the positive line of the day before yesterday.
The positive line of the day before yesterday did not increase in volume, but today's positive line increased in volume, indicating that the strength of the bulls is increasing.
And this positive line has a long lower shadow, indicating that there is very strong support below. The positive line with a large volume at the important support has enhanced the bullish effect.
Through the analysis of the market, we know that the decline has become weaker and weaker, and the bulls have been constantly strengthening.
This means that the probability of tomorrow's non-agricultural data causing the market to fall is very small.
On the contrary, the probability of rising is increasing in the next period of time.
