After-market analysis, non-agricultural employment both exceeded expectations. What do you think?
1. The rise before the data was released was gratifying
With the bullish performance of employment indicators on Wednesday and Thursday, the entire market was in an upward trend before the May unemployment rate and non-agricultural employment were announced at 8:30 tonight. BTC reached a high of nearly 7.2w, and ETH reached a high of nearly 3840.
2. After the data was released, there was a sharp drop in the pin and a slow rebound
After the data was released at 8:30, the non-agricultural 27w data exceeded expectations, and the unemployment rate of 4% also exceeded expectations. One was bearish and the other was bullish. The market's performance within 30 minutes was a sharp drop in the pin.
BTC wiped out nearly 1,800 points of gains at the lowest, and ETH wiped out 65 points of gains. After nearly 30 minutes of sideways trading, the overall market began to rise slowly.
3. My perspective on changes
From my perspective.
Take ETH as an example. After several attempts to reach 3,800 US dollars, it is currently at 3,816.
Take ens as an example. It was sideways at 23.9 for less than 30 minutes, and then it began to stabilize at 24. It is currently at 24.39.
ordi is the fastest to recover, currently from the lowest 61.5 to the current 63.
Two indicators, one bullish and one bearish. The market first believed that the performance of non-agricultural employment data was the most important, so it was inserted about 1 hour after the data was released.
The comments of various news and financial institutions emphasized the "bullish" nature of the unemployment rate, which is more important than non-agricultural. The market began to rebound.
4. My operation
After the data was released, I was also entangled in whether it was bullish or bearish. When eth fell and inserted a pin to 3790, I had not stopped several long orders to avoid losing positions due to a rapid rebound, but when the second 15-minute K line dropped to 3770, I stopped two small long orders of ens, totaling 150u.
Continue to observe the market, ETH is sideways at 3780, and then slowly rebounded. At 9:30, I re-covered the two ens positions with stop loss, the stop loss price is 23.9, and the opening price is 24.3.
Others, I said in my previous post that I would hold ordi for a long time. The day before yesterday, because I needed money, I closed the position at 55 and left. As a result, it rose to 58. Even if I quickly made two swings, I still lost at least 10,000 RMB, which is a pity. My ordi opened at 41.9 and got 55. I originally wanted to close it at 70. Will you regret selling it at a loss?
