Gu Jingci: 1.9 Bitcoin/Ethereum long and short positions continue to profit, can the non-farm payrolls in the evening break the oscillating market?

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14 hours ago

Follow for more, earn millions. Hello everyone, I am analyst Gu Jingci. Here I share my views, hoping that every friend who follows can achieve good returns!

You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have been repeatedly reminded to raise positions in the past few days, and last night I started to remind about pulling back to enter long positions, which can overall yield good space. Currently, the market shows a pattern of rebound and fluctuation after a decline, and the overall weakness remains unchanged. Tonight's U.S. non-farm payroll report will be a key influencing factor. Bitcoin and Ethereum rebounded after dipping to around 89200 and 3050 last night, and this morning reached high points around 91580 and 3147 before pulling back, currently fluctuating around 90400 and 3090.

On the daily level, it has broken the short-term upward trend line, fluctuating between the 5-day and 10-day moving averages. The MACD shows a death cross with increasing green bars, indicating that bears dominate the short-term trend. The 4-hour chart rebounded after touching the lower Bollinger band, and the RSI has exited the oversold zone, showing technical recovery but lacking strength. Support below is focused on the 89000 and 3050 levels, and if broken, it may test around 88000 and 2980. Tonight, the market focus will be on the U.S. December non-farm payroll report. If the data is significantly weaker than expected, it may drive prices to rebound strongly; conversely, we need to be cautious of the market being under pressure again.

Evening operation suggestions: Long Bitcoin around 89500-89000, target 91500-92500; Long Ethereum around 3060-3080, target 3150-3200.

Daily analysis and strategy have a high success rate, which can be seen. The analysis and strategy are for reference only; please bear the risks yourself. The article review and publication may not be timely, and specifics should be based on real-time data! For more strategies, you can follow the public account: Gu Jingci.

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