This is the most important night in the crypto world this year‼️‼️
In 15 minutes, non-farm payroll and unemployment rate data will be released. At midnight, Trump will hold a crypto summit to decide whether to strategically reserve BTC⚠️
A night filled with the scent of money, the data shows a positive indicator with the small non-farm figures. Currently, the crypto summit tonight also appears to be a positive signal📈. On the news front, the Federal Reserve has long insisted that interest rate cuts this year will not exceed two times, which is a negative factor. Therefore, tonight's market must be very exciting. Currently, the short position of 94,000 is set to take profit at 83,000 for a gain of 10,000 points. The long position from last night at 82,000 also took profit near 90,000, totaling 8,000 points. We are currently out of the market waiting for tonight's big direction decision.
Support levels below📈
85,200-83,000
If the spike does not break, it can be seen as a bullish signal. If the non-farm data is released and the spike does not break, one can attempt to enter long with a stop loss to gamble on tonight's crypto summit⚠️. If it breaks, we will observe.
Resistance levels above📉
94,200 to 96,800
After the positive news from the crypto summit is released, if it does not break upward, one can enter short📉.
The market is showing a converging triangle pattern, with long and short positions only valid if the spike does not break. We can enter with stop losses to try👌
$BTC
$ETH
In 15 minutes, non-farm payroll and unemployment rate data will be released. At midnight, Trump will hold a crypto summit to decide whether to strategically reserve BTC⚠️
A night filled with the scent of money, the data shows a positive indicator with the small non-farm figures. Currently, the crypto summit tonight also appears to be a positive signal📈. On the news front, the Federal Reserve has long insisted that interest rate cuts this year will not exceed two times, which is a negative factor. Therefore, tonight's market must be very exciting. Currently, the short position of 94,000 is set to take profit at 83,000 for a gain of 10,000 points. The long position from last night at 82,000 also took profit near 90,000, totaling 8,000 points. We are currently out of the market waiting for tonight's big direction decision.
Support levels below📈
85,200-83,000
If the spike does not break, it can be seen as a bullish signal. If the non-farm data is released and the spike does not break, one can attempt to enter long with a stop loss to gamble on tonight's crypto summit⚠️. If it breaks, we will observe.
Resistance levels above📉
94,200 to 96,800
After the positive news from the crypto summit is released, if it does not break upward, one can enter short📉.
The market is showing a converging triangle pattern, with long and short positions only valid if the spike does not break. We can enter with stop losses to try👌
$BTC
$ETH