On Friday, Bitcoin's heaven and earth needle caused a double kill for both bulls and bears; it’s better to observe more and act less, and do not get overly emotional!!

It is indeed rare to see a waterfall drop of 5500 points in one minute early in the morning. Given the current market correction in the bull market, this is understandable. Yesterday, I also issued a warning to avoid risks, and by midnight, there was a significant plunge. The heaven and earth needle formed a long position leverage yesterday, and today it has again killed the bulls, resulting in a genuine double kill situation for both bulls and bears. This is consistent with the habits of major market makers. Those who went long might have been liquidated in their dreams. Here, Xu Bin wants to emphasize that one must develop good trading habits. Winning nine times and losing once, resulting in total loss, is meaningless. This is also a wake-up call.

Currently, looking at the 4-hour chart, Bitcoin has refreshed its new high in the 104500 area. At midnight, there was a significant deep plunge, quickly rebounding near 90700 and stabilizing around 98000. The current resistance is at 98800, with support at 94000. One can take a high position in the trend. Tonight's non-farm payroll is expected to have a large fluctuation, so everyone should flexibly control risk and observe more and act less.

BTC short-term: High position once in the range of 98800–94000

ETH short-term: High position in the range of 3940–3750 and low position once

That's all for now; I have said everything that needs to be reminded. If you don't understand, you can consult Xu Bin. #RWA板块普涨 #美国合规概念币走扬 #历史见证者打卡 #美国合规概念币走扬 #山寨币市场观察 $BTC $ETH $XRP