Tonight, the major non-farm payroll data will be released. What is the potential impact on the market? The MVRV Z-Score has entered the negative 'surrender zone,' which historically indicates a long accumulation period.
The rebound window may appear after the data or policies become clearer, and it is crucial to position in the spot market without delay. Always remember, you can't buy at the lowest!
Currently, the entire market is focused on Friday's CPI data, with the expected CPI value being positive, indicating a reduction in inflation. Although the non-farm employment figures expected tonight are slightly raised, CPI has become a key focus in the international financial markets!
If tonight's non-farm employment figures are slightly elevated, the market's decline will still be limited. After a series of breakouts, it is unlikely that one non-farm report will lead to another breakout. A deep squat is an opportunity to buy in the spot market with closed eyes. CPI has become a potential turning point for a rebound, with Friday being crucial. Focus on whether a gradually increasing low will form within 36 hours after tonight's data release. Positioning for CPI must happen tonight or tomorrow; waiting until Friday to position for the CPI trend will be too late!
BTC support and resistance levels: 74450/70900/64500/57850
Maintain patience for short-term battles around the 68000 line;
ETH support and resistance levels: 2225/1840/1600/1385
Short-term battles around the 1985 line;
XAU support and resistance levels: 5170/4985/4810
In the next two days, operate more on gold, especially since the non-farm data and CPI will significantly affect XAU/XAG. There are not many good trading opportunities for BTC and ETH!
This week's market has not fluctuated much, but there is enough space for profit-taking. It belongs to rapid rises and falls, and opportunities always occur in an instant. Any hesitation will lead to missed opportunities, so contracts this week must have stop-losses; this is emphasized daily!
Today's suggestions: Last night's BNB strategy has already hit the first profit-taking range multiple times. After reducing positions, if you lose the principal, then let it go; BNB is guaranteed to profit. XAU's order did not hit the stop-loss last night; although the current space is small, there is still a $30 range, and you can also reduce positions to protect the principal.
If there are sudden drops or explosive drops tonight, you must enter 1-2 layers of positions in the spot market with closed eyes, and the first contract must have stop-losses ready!
Tonight's live broadcast will continue to look for real-time opportunities. If there are any, take action directly. Don’t miss it!
