$BTC Intraday Trading Idea Analysis 9/6
After the non-farm payroll data was released on September 4, BTC immediately plunged from 81k to 79k. The main reason was that the U.S. economy was too strong, which increased the probability of a rate hike and led to BTC's decline. The good news, however, is that ETFs did not turn to net outflows and even saw a small inflow of $100 million. The next trading plan is as follows!
This wave of bearish news did not cause BTC to directly break below 79k, which is a good sign. In addition, the biggest bearish factor in the September data has already been removed, and the market may next begin to front-run the clear act on September 15.
On the trading side, you can wait for BTC to hold above 80k next week before going long, with a target resistance in the 85k-90k range. The reason is that BTC's downside has narrowed, with more buyers below and less selling pressure above, so I still lean toward a rebound. A stop loss at 75000 is sufficient.
You can also allocate a small position in Ethereum long orders around 2480. $ETH The volatility is large, and the resistance above at 2750-2800 is a good take-profit zone.
In addition, $MU SNDK has also reached a major resistance level, so you can set up some short positions in sndk and mu as a hedge, with the stop loss placed at the previous high and the target in the 1300-1100 range. The storage sector is still in a volatile downward correction phase and there is not yet a possibility of challenging the previous high.
#BTC触及80000美元
After the non-farm payroll data was released on September 4, BTC immediately plunged from 81k to 79k. The main reason was that the U.S. economy was too strong, which increased the probability of a rate hike and led to BTC's decline. The good news, however, is that ETFs did not turn to net outflows and even saw a small inflow of $100 million. The next trading plan is as follows!
This wave of bearish news did not cause BTC to directly break below 79k, which is a good sign. In addition, the biggest bearish factor in the September data has already been removed, and the market may next begin to front-run the clear act on September 15.
On the trading side, you can wait for BTC to hold above 80k next week before going long, with a target resistance in the 85k-90k range. The reason is that BTC's downside has narrowed, with more buyers below and less selling pressure above, so I still lean toward a rebound. A stop loss at 75000 is sufficient.
You can also allocate a small position in Ethereum long orders around 2480. $ETH The volatility is large, and the resistance above at 2750-2800 is a good take-profit zone.
In addition, $MU SNDK has also reached a major resistance level, so you can set up some short positions in sndk and mu as a hedge, with the stop loss placed at the previous high and the target in the 1300-1100 range. The storage sector is still in a volatile downward correction phase and there is not yet a possibility of challenging the previous high.
#BTC触及80000美元
