Friday Non-Farm Payrolls is about to hit; Ethereum is caught in a long-vs-short game around 1,900, with risks to the downside. Focus on 1,880–1,850.
Institutional expectations are highly divergent. Stronger-than-expected data is bearish; weaker data is bullish, and concerns about overheating employment still leave room for rate hikes.
ETH is grinding in a tight range ahead of the data. The lower time frame is slightly weak, while the higher time frame is more bullish. In the near term, expect 1,890–1,920 to trade sideways.
For entering positions on Ethereum, look for a dip to 1,880–1,850 to go long, and add more at 1,800–1,780. If the data comes in below expectations, a spike should be sold around 1,950–1,970–2,000. If the data exceeds expectations, long positions should be avoided first; keep a strict grip on position sizing $ETH
#布伦特原油上涨3.8% #US initial jobless claims remain below 200k
Institutional expectations are highly divergent. Stronger-than-expected data is bearish; weaker data is bullish, and concerns about overheating employment still leave room for rate hikes.
ETH is grinding in a tight range ahead of the data. The lower time frame is slightly weak, while the higher time frame is more bullish. In the near term, expect 1,890–1,920 to trade sideways.
For entering positions on Ethereum, look for a dip to 1,880–1,850 to go long, and add more at 1,800–1,780. If the data comes in below expectations, a spike should be sold around 1,950–1,970–2,000. If the data exceeds expectations, long positions should be avoided first; keep a strict grip on position sizing $ETH
#布伦特原油上涨3.8% #US initial jobless claims remain below 200k