The non-farm payroll fell short of expectations, and shorts continued to be cautious about short positions! 1.9 Big Pancake Aunt's thinking

The non-farm payroll figure was lower than expected. After a lower opening, the US stock market closed slightly higher. The cryptocurrency prices also dipped briefly before rebounding quickly. Bitcoin touched a low of 92500, while Ethereum finally fell below 3300 and touched a low of 3206. In the midnight, due to shocking remarks from the Federal Reserve and Trump, safe-haven sentiment rose, and cryptocurrency prices followed the US stock market in starting a rebound. If you entered the long position at the given point yesterday, you would have been swept out, but if you didn't set a stop loss, you could still make some profits!
Looking at the technical analysis, the daily chart of Bitcoin once again closed with a bearish candle. After the price touched the lower Bollinger Band and rebounded quickly, it fell below 95000 again in the morning. The Bollinger Bands slightly opened up, and both KDK and MACD showed a bearish cross. The overall trend of the daily chart is bearish, but there is a suspicion of a bottoming out based on the closing price.
Looking at the four-hour chart, the Bollinger Bands have widened significantly, and the price of the currency is trading near the lower band. However, after the price broke below the lower band, it quickly rebounded. There was a morning reversal, with the KDJ turning upwards to form a golden cross, and the volume of the MACD also starting to slow down. From a four-hour perspective, there is a suspicion of a bottoming out in the price of the currency. Please do not blindly short positions!
Overall, the short positions of the currency price trend have not changed, but there is a suspicion of bottoming out, so you can first make a long position intraday and then see if it will reverse when it rebounds to the resistance level above! Pay attention to the resistance levels of 96000, 97300, 98200, and 99000, and the support levels of 93400, 92500, and 91500.
1.9 Big Pancake Operation Idea: Aggressive entry for long positions at 93500-94000, replenish near 93000, defend below 92500, target 94500-95200, breakthrough to 96000-96500-97000, hold strong on rebound depending on the situation!
Short position strategy: Aggressive traders may try to enter short positions around 97,300 during the rebound, add positions near 98,000, defend 99,000, and target around 96,500-96,000-95,000. If broken, look at around 94,000-93,500.#参与年终社区盛典助力，赢周边海量好礼
1.9 Ethereum operation train of thought: aggressive retreat to 3250-3280 for long positions, defend near 3200, target around 3330-3350, breakthrough to around 3400-3450, hold strongly on rebound as appropriate!
Short positions strategy: Enter short around 3450 on rebound, add positions around 3500, set defense near 3560, target around 3400-3350-3300, hold if broken!
After a slight rebound following a decline in US stocks, the short positions entered around 102,000 are still held. Although there is suspicion of a bottom formation, the trend of shorts has not changed yet. The main focus is on the impact of Friday's non-farm payroll data to prevent market changes. Those who are in a low position should also be cautious about chasing short positions!
#GT新年屡破新高，接下来到多少？ #你看好SWARMS吗？