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The positive non-farm payroll report is as expected, with a pullback to buy the dip! The July 3rd Bitcoin "Mistress" midnight strategy
The non-farm payroll report is as expected, with over 60,000 expected and 178k actually recorded, very strong data. This indicates that signs of a weakening labor market have eased, and the Federal Reserve will now focus on reducing inflation.
From the market perspective, it has temporarily stabilized. The long-side strategies given at midnight yesterday and the day before are currently small profits. You can follow along with stop-loss protections. The US stock market is closed tonight, and since tomorrow is the weekend, no major moves are expected. Tonight’s operations should focus on buying at low levels!
July 3rd Midnight Strategy
Bitcoin retraced to 65,800-66,300, with support around 64,800. Targets are near 67,000-67,500-68,000. If broken, look for 68,500-69,000-69,300, with trailing stops to protect profits depending on the situation.
Ethereum retraced to 2,010-2,040, with support around 1,970. Targets are near 2,070-2,100. If broken, look for 2,130-2,170, with trailing stops to protect profits depending on the situation.
Short position strategy
Short Bitcoin on rebound at 68,500-69,000, with support around 69,500. Targets are near 67,500-67,000-66,500. If broken, look for 66,000-65,500.
Short Ethereum on rebound at 2,130-2,160, with support around 2,195. Targets are near 2,080-2,060-2,040.
Overall, the market is in a tug-of-war between bulls and bears, so it’s best to trade within the range for now. The market has stopped falling, but the Middle East situation remains unstable and is worsening, so we will see how it develops later! #加密市场行情震荡