12.17 Non-farm payroll data release, can Bitcoin show a trend reversal? Analysis of the market and operational ideas in the early morning
Tonight, the U.S. non-farm data will be updated. Bitcoin has shown a slight rebound due to market sentiment. From a technical perspective, the current daily MACD indicator continues to show a bullish contraction state, and the KDJ three lines are inclined to fluctuate and decline. Additionally, the TD indicator has shown a TD5 downward pattern. The MA5, 10, and 30-day moving averages resonate to suppress the coin price, which also leads to insufficient rebound strength in the current market. In terms of the current daily level, if the coin price cannot stabilize under the MA5 daily moving average resistance, Bitcoin will still test the support strength at the 84000 level again. The MA5 daily moving average resistance is referenced at 88600 to the strong pressure point of 90000. In terms of the current trend, if it cannot stabilize at the 90000 level, there is no pattern of market reversal.
The 4-hour line has shown three consecutive bullish candles in the short term, with MACD operating under the water in a bearish contraction. The KDJ three lines, in the short term, have shown a slight rebound sentiment. However, from the current candlestick pattern, several rebounds have all touched the middle track of the BOLL band and were suppressed and declined, with high points continuously moving down. The overall trend of the BOLL band is still fluctuating and declining. Combining with the hourly line, the current trend leans toward a slight fluctuating rebound, and it is expected that the coin price will test the daily MA5 moving average resistance before starting to fluctuate down again. The low point support reference is at the 85000-84000 level. Therefore, for the early morning trend, my personal view is to maintain a short-term wave, focusing on the rebound high as the main strategy and the low as the auxiliary idea.
Operational strategy: 88300-88800 high Target: 86000-85000 is sufficient Stop-loss: 99200
Point reference for low is at the 85000-84000 level.
Ethereum's short-term trend is basically synchronized with Bitcoin, and the overall liquidity and trend are much weaker. The short-term high point is at the 3020-3050 level, and without effective stabilization, there is not much rebound space for the coin price. The low point support reference is at the 2870-2830 level. Therefore, for the early morning trend, my personal view is still to maintain a short-term wave, focusing on the rebound high as the main strategy and the low as the auxiliary idea.
Operational strategy: 2975-3015 high Target: 2920-2870 is sufficient Stop-loss: 3035
Point reference for low is at the 2850 level.
For the current trend, it is expected to be sufficient, and follow-up will continue to track #美国非农数据超预期 #美联储降息 #ETH走势分析 #加密市场观察 .
Tonight, the U.S. non-farm data will be updated. Bitcoin has shown a slight rebound due to market sentiment. From a technical perspective, the current daily MACD indicator continues to show a bullish contraction state, and the KDJ three lines are inclined to fluctuate and decline. Additionally, the TD indicator has shown a TD5 downward pattern. The MA5, 10, and 30-day moving averages resonate to suppress the coin price, which also leads to insufficient rebound strength in the current market. In terms of the current daily level, if the coin price cannot stabilize under the MA5 daily moving average resistance, Bitcoin will still test the support strength at the 84000 level again. The MA5 daily moving average resistance is referenced at 88600 to the strong pressure point of 90000. In terms of the current trend, if it cannot stabilize at the 90000 level, there is no pattern of market reversal.
The 4-hour line has shown three consecutive bullish candles in the short term, with MACD operating under the water in a bearish contraction. The KDJ three lines, in the short term, have shown a slight rebound sentiment. However, from the current candlestick pattern, several rebounds have all touched the middle track of the BOLL band and were suppressed and declined, with high points continuously moving down. The overall trend of the BOLL band is still fluctuating and declining. Combining with the hourly line, the current trend leans toward a slight fluctuating rebound, and it is expected that the coin price will test the daily MA5 moving average resistance before starting to fluctuate down again. The low point support reference is at the 85000-84000 level. Therefore, for the early morning trend, my personal view is to maintain a short-term wave, focusing on the rebound high as the main strategy and the low as the auxiliary idea.
Operational strategy: 88300-88800 high Target: 86000-85000 is sufficient Stop-loss: 99200
Point reference for low is at the 85000-84000 level.
Ethereum's short-term trend is basically synchronized with Bitcoin, and the overall liquidity and trend are much weaker. The short-term high point is at the 3020-3050 level, and without effective stabilization, there is not much rebound space for the coin price. The low point support reference is at the 2870-2830 level. Therefore, for the early morning trend, my personal view is still to maintain a short-term wave, focusing on the rebound high as the main strategy and the low as the auxiliary idea.
Operational strategy: 2975-3015 high Target: 2920-2870 is sufficient Stop-loss: 3035
Point reference for low is at the 2850 level.
For the current trend, it is expected to be sufficient, and follow-up will continue to track #美国非农数据超预期 #美联储降息 #ETH走势分析 #加密市场观察 .