#美国非农数据超预期 Yesterday afternoon, Bitcoin started to weaken from around 88000, dipping all the way down to the 86600 position.

From a technical perspective, it is quite clear – when the price broke through the middle band of the Bollinger Bands, the trading volume suddenly increased. What does this indicate? The middle band, which was originally a support level, has now become a resistance level, and the short-term bearish force has indeed emerged. More importantly, after breaking below the middle band, there has not been a significant rebound, but rather it has continued to move towards the lower band following the momentum.

The current thinking is as follows: Bitcoin can be considered for short selling in the range of 87900 to 88500, with a target downwards at 86500 to 85500; for Ethereum, similarly, short positions can be arranged near 2950 to 2990, with a target set at around 2880 to 2850.

Additionally, the US non-farm data performed better than expected, which also has a certain impact on market sentiment. Attention needs to be paid to subsequent changes in the macroeconomic environment.