#2月非农意外负增长 March 7 Bitcoin and Ethereum Market Analysis

Bitcoin has been fluctuating between $68,000 and $74,000 recently, with $74,000 serving as a key resistance level. Multiple attempts to break through have failed, leading to a pullback. Technical indicators show diminishing upward momentum, suggesting short-term consolidation at high levels or a "whipsaw" pattern. On the macro front, tensions in the Middle East continue to escalate, putting overall pressure on risk assets. The safe-haven attributes of Bitcoin as a digital asset have temporarily weakened, with a quick pullback after a rebound. Capital flows have also cooled, with spot ETF inflows slowing or even slightly net outflows, contrasting with the strong inflows at the beginning of the month. We are awaiting new news in the short term.
Ethereum has experienced high intraday volatility recently but remains generally weak, moving in tandem with Bitcoin's pressure and fluctuations!
Trading suggestion: Buy in stages on dips around 65,000-67,000, avoid heavy positions $BTC $ETH