The U.S. non-farm data was higher than expected, but the market still tends to believe that the Federal Reserve will suspend interest rate hikes in June. The shoe has dropped, and it's time to let go of the hanging heart; the U.S. debt issue will be signed and approved by the president as early as this weekend, and the process has been completed. The market is about to get out of the sloppy and gloomy atmosphere of last month and will soon usher in an upward breakthrough.
All the pressure in the face of the trend is used to break through. I have also explained the logic of the rise to everyone clearly on Twitter. Both the fundamentals and the technicals support the current rise. This is also likely to be the last chance for spot traders to make money this year. In this month, more than 90% of the market participants are not optimistic about the future market, and some have even joined the ranks of the air force. In this month, I have been constantly recharging everyone's faith and strengthening their confidence. I have clearly told everyone that the peak will be reached in mid-July.
BTC: This week's weekly support is at 26519; yesterday morning's lowest point hit 26477 and there was a strong rebound, indicating that the support at this position is effective and the main force does not want the market chips to stay in the cheap area for too long; the target of this week's rebound will first be around 28900.
ETH: This week's weekly support is at 1800, and the lowest point this week is 1837.9. It rebounded before reaching the support level, indicating that ETH's current upward momentum is stronger than Bitcoin. There is a resonant support near 1865, reminding fans to ambush in this range, and it is currently profitable.
LTC: This week there is hope to sprint to the third pressure of the weekly line. The third pressure of the weekly line this week is around 106. At present, this small goal is still worth looking forward to, which is beneficial for spot parties to hold positions.
BCH: This one is relatively weak compared to the previous ones, but the first pressure level around 119 is still worth looking forward to;