The nonfarm payrolls report just pushed $BTC back below 80,000, but these past two days the market has given a new answer.
$BNB was the first to strengthen, breaking above the previous high and continuing to surge, and BTC also broke out again on the four-hour chart.
Macro conditions are still pricing in rate-hike risks, yet crypto has not continued following the script of “bad news = keep falling.”
In my previous post, I just revised my view on BTC’s short-term strength after breaking 80,000, but my 65400 long position has not changed, and my spot holdings are still there.
Now that the market is strengthening again, I am not chasing new positions.
The reason is simple: I already positioned at lower levels earlier, and BNB has risen fairly sharply in the short term.
For me, being bullish does not mean chasing every upward move. Missing the bottom is fine; managing position timing is more important.
So my thinking now is very clear:
If you already have positions at lower levels, I would continue holding.
If you are not in yet, you can consider starting with a small position; if there is a pullback later, add in batches.
If there is no pullback and it keeps rising, then wait for a breakout and a retest that holds before considering adding in line with the trend.
The nonfarm data gave the first answer, and now Crypto has given a new response.
What I care about next is not how much it can still rise today, but whether it can truly hold after this breakout.
On the macro side, we keep waiting for CPI to give the next answer.
#美国8月新增就业16.2万近预期三倍
#美国初请失业金人数升至20.6万
$BNB was the first to strengthen, breaking above the previous high and continuing to surge, and BTC also broke out again on the four-hour chart.
Macro conditions are still pricing in rate-hike risks, yet crypto has not continued following the script of “bad news = keep falling.”
In my previous post, I just revised my view on BTC’s short-term strength after breaking 80,000, but my 65400 long position has not changed, and my spot holdings are still there.
Now that the market is strengthening again, I am not chasing new positions.
The reason is simple: I already positioned at lower levels earlier, and BNB has risen fairly sharply in the short term.
For me, being bullish does not mean chasing every upward move. Missing the bottom is fine; managing position timing is more important.
So my thinking now is very clear:
If you already have positions at lower levels, I would continue holding.
If you are not in yet, you can consider starting with a small position; if there is a pullback later, add in batches.
If there is no pullback and it keeps rising, then wait for a breakout and a retest that holds before considering adding in line with the trend.
The nonfarm data gave the first answer, and now Crypto has given a new response.
What I care about next is not how much it can still rise today, but whether it can truly hold after this breakout.
On the macro side, we keep waiting for CPI to give the next answer.
#美国8月新增就业16.2万近预期三倍
#美国初请失业金人数升至20.6万
