$ETH $BTC

Breakfast Plate Explanation:

Today is a rebound situation. Will tomorrow's non-farm payrolls be a big event?

Bitcoin has dropped 10,000 dollars continuously, while Ethereum has seen a drop of 500 dollars, with no rebound in between. Last night's spike saw a momentary surge in trading volume, and during the day we can expect a spiral rebound.

Both the elder and younger brothers are currently showing a golden cross on the 4-hour chart, and we will see a fake golden cross on the 6-hour chart. After a continuous drop over more than 10 bars, even a lump of dung should rebound with two green bars.

The Bollinger Bands on the 1-hour and 2-hour charts have started to narrow, indicating a greater potential to rise to the upper band. This will coincide with the 4-hour chart where we can expect 3-4 bars to touch the middle band.

The RSI on the 4-hour chart is also oversold, especially for Ethereum, which is very serious. It is estimated that there will be a significant washout before Ethereum's upgrade. The narrative has started, and funds will gradually flow into Ethereum for speculation.

Last night, the small non-farm payrolls showed weak employment and dropped, but the possibility of a rise in tomorrow's big non-farm payrolls has increased. However, it is still in a bearish trend; any rise is not a reversal but mainly a rebound. The real reversal may have to wait until the emperor of Chuan ascends to the throne.

In terms of operations, if we see a re-test of 93,325 today, we can lay out long positions, with stop losses at 1000 and 50. If we attack 965 and 3410, we can lay out short positions, with stop losses consistent with the long positions.