10.4 Mainstream Coin Analysis

The non-farm payrolls data on October 4 is crucial to the Fed, especially the first employment report after the rate cut. Powell has repeatedly emphasized that the Fed is closely watching the labor market, and the 50 basis point rate cut in September was based on employment data. It has said that if it had known the employment situation in July, it might have cut interest rates in advance.

In short, employment data has a very high status in the eyes of the Fed. For investors, rising unemployment rates may indicate a recession in the US economy. The Fed has a firm attitude towards unemployment, setting the median unemployment rate for 2024-2025 at 4.4%, and is unwilling to see it rise.

The short-term four-hour K-line is trading sideways below the EMA trend indicator. The EMA15 trend pressure level has reached 60600. The next EMA30 pressure level is 62500. The overall trend has a probability of reversing. Even if it breaks a new low in the short term, it will reverse. Therefore, you can try long orders at the support level. MACD has been shrinking and increasing funds. The bottom divergence of DIF and DEA is shrinking. The Bollinger Bands are moving downward into the box. The middle rail pressure level is 62000. KDJ is shrinking inward. The sideways trend is obvious. Then the support is effective for long positions. After the pressure level is clear and effective, long orders can be used to stop profit and arrange short positions.

Big cake is around 61300-61500. 62100 is supplemented. The target is 62200.

Target 58500

Second cake is around 2400-2420. The target is 2350 Target 70-100 points #加密市场急跌 #非农就业数据即将公布 #大A香还是大饼香 $BTC $ETH $BNB