BTC non-agricultural data is positive, and a surge has just occurred, but I simply pour a basin of cold water on it. The falling trend of BTC is likely not over yet. If there is no follow-up to this surge, such as another effort to pull it up to 63,000, then you may see it fall back tomorrow or the day after tomorrow.
The analysis shows that the non-agricultural data is indeed positive, but the degree of positive is not that high. It is purely because BTC has fallen too much and it is just an oversold rebound. The dealer brought out a data to force the market to rise by two or three thousand points. If it rises more, it will be suspected of speculation.
So what should we do next? First of all, it is definitely not possible to short BTC. BTC is too serious in washing the market. Recently, some useless news may frequently come out to force the market to fall. In general, we still have to short altcoins. Because the BTCDOM index rises and the big cake sucks blood, when BTC pulls back, the altcoin will inevitably usher in a round of decline. Don’t worry about BTC, and don’t be greedy. Just eat a round and leave!
