Morning Thoughts on January 1:
It's the first day of the month, and also the close of the weekly candle!
Yesterday was the same, and looking back now, I feel a bit mysteriously confident.
The big coin had a slight rebound to 72700 yesterday, then fell all the way down, hitting a low of 69700 at midnight before rebounding, with the current price hovering around 69700. Today's daytime trading is expected to be volatile with small fluctuations. The key focus tonight is the non-farm payroll data release, and the recommendation is to focus on short-term trades, as the non-farm data may have a significant impact on the big coin's price. Before the data is released, market sentiment is quite cautious, and daytime fluctuations are limited, so short-term trades can seize opportunities within the range. Moving averages and Bollinger Bands situation: The short-term moving average touched the lower Bollinger Band and then rebounded, which usually indicates that the price may receive some support in the short term, with upward correction momentum. The lower Bollinger Band often provides certain restrictions and support for the price in the short term, and this rebound indicates that there is some buying strength in this area.
Short-term bullish basis: Considering all the above factors, the bullish outlook above 69700 has certain technical support. 7000 can be seen as an important short-term support level; as long as the price remains above it and all indicators continue to improve, the likelihood of a short-term rise is significant. The strategy is to look for a pullback to go long, and short at high positions.
Big Coin suggestion: Look for a pullback around 69400-69700, aiming for 70400-70700.
Ethereum suggestion: Look for a pullback around 2500, aiming for 2550. #BTC☀ #ETH🔥🔥🔥🔥 #美国大选后行情预测 #市场关注美国非农数据 #TIA超大额解锁