The release of the big non-agricultural data is bearish, and the interest rate cut is expected to be postponed. Many institutions have reduced their expectations and bets on the Fed's September rate cut, but the general direction is still a bullish trend.

Every decline is for a better rise, because although there was a rapid pin yesterday, many altcoins fell by -20% in an instant. Many people thought that their short orders made a lot of money, but after they rose, they found that they rose again, and finally caused a large profit retracement. This is the power of the bullish trend. The conditions for shorting at highs are relatively harsh. If you don't pay attention or you are busy and don't set a stop loss, once it rises, you will lose money again.

I announced the ETH trend long plan on June 4 (see the points of the reference analysis chart), but the daily updated BTC and ETH intraday strategies are confused with the trend orders, and they are too messy to update.

The most important thing is that after ETH broke through 3850 and exploded the shorts, it turned around and set a long trap, completing the long-short sniping. This further verifies that left-side trading is more suitable for everyone, and right-side breakthroughs are often deceptive. $ETH