$BTC In fact, the market is currently fluctuating and falling, because the decline is supported and the decline space is large, and each oscillation decline is large. The current support is at Rizhao MA20 (625000) and MA60 and EMA😊 boundary (60100-60500), and the next one is around 58000. It is directly connected to 56500.
On Friday, the non-agricultural data will be released. At this turning point, will it continue to fall or turn back and rise? We will not do analysis and prediction for the time being. At that time, we will make a comprehensive analysis and prediction based on the changes in indicators and K-line patterns, historical K-line trajectories, and news.
I personally still think it will continue to smash the market. However, the non-agricultural data may be bullish, causing the market to rise slightly before smashing the market.
As I said: the contract should take technical analysis as the only entry condition, and macroeconomic theory and data theory cannot be used as the main analysis conditions, but only as auxiliary.
Spot is still on the sidelines, and you should not rush to enter the market.
