US stocks plummet while cryptocurrency prices soar, how to position for evening unemployment claims? 10.24 Bitcoin Auntie's evening strategy analysis
This morning, a short selling strategy was suggested, and after gradually increasing positions, the average price is around 67180. Around 5 PM, the cryptocurrency price dropped below 67000, and I have already reduced my positions. Currently, the price is rebounding near 67000!
From a technical perspective, the daily line has formed a long lower shadow hammer candlestick this morning. From midnight to morning, it rebounded by more than two thousand points. Based on yesterday's performance of US stocks, it is clear that this is a strategy by major players to push prices up for selling. It was clearly stated in the analysis that such a trend is not suitable for chasing the rise; I wonder how many lucky ones saw and practiced this!
Looking at the data, last week's initial unemployment claims were announced at 241,000. The market predicts that this time it will increase to 242,000, which is not much difference, but also indicates that the current US labor market is poor. Therefore, Conan predicts that the evening data will continue to be bearish for the US dollar and the crypto market! Key resistance levels to watch are 67800, 68500, and 69000, while support levels are 66500, 66000, and 65000. The evening strategy is as follows:
10.24 Bitcoin evening trading strategy: Aggressive traders should short near 67500, while conservative traders should enter between 68000-68500, with a stop loss above 69000, targeting 67000-66500, and if broken, aiming for 65000-64500.
Long position strategy: Attempt to go long near 65000, with a stop loss near 64500, targeting 800-1200 points, holding if broken based on the situation!
10.22 Ethereum trading strategy: Aggressive traders should short near 2550, while conservative traders should enter between 2580-2600, with a stop loss above 2630, targeting 2500-2450, and if broken, aiming for around 2400.
Long position strategy: Attempt to go long near 2450, with a stop loss at 2400, targeting around 2500-2530, and if broken, aiming for around 2560.
Yesterday, US stocks plummeted at closing, and currently, they are at a high level. Even Buffett has been reducing his holdings, so we must be cautious of the insights of such investment giants. The US is notorious for data manipulation. Therefore, we must guard against this wave of pullback in the market! Big players and institutions may dump positions, so patiently hold onto short positions and take profits in batches! Operations should be based on your own positions, ensuring stop losses to control risks! If unsure or unable to operate well, follow Conan's - trend is king strategy; let’s charge together and reach the shore together! #SEC批准多支比特币ETF期权 #美国大选前行情观察 #以太坊Pectra升级如何影响生態?