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Having stabilized above the 70,000 level for three consecutive days, market sentiment is gradually easing and improving. Tonight's non-farm payrolls forecast is a major positive! The market is proceeding as usual! There are great opportunities today, are you ready?
Just now, BTC tested a low of 70,339 with a small dip and then recovered from a drop below 70,825. The strength was not as strong as predicted in last night's live broadcast, which suggested a false break below 70,000 followed by a rebound. This indicates that as it approaches 70,000, bulls are more willing to exert effort!
Additionally, tonight's non-farm payrolls forecast is a major positive. Despite the intense conflict between Iran and the US, BTC has stabilized. The 20-day trend I’ve been mentioning has reached a moment that confirms the strongest confidence in the BTC/ETH spot positions in nearly two years, and the value is still increasing!
BTC
Support levels: 70,825 / 65,500 / 62,800
Resistance levels: 83,896 / 85,168 / 93,000
Key levels: 70,825 / 67,150 and 75,475
Test the support levels intraday, boldly allocate 1% of your first position to play the evening non-farm payrolls forecast. If you wait until the data is released to act, that’s not strategic positioning, that’s gambling!
ETH
Support levels: 1,960 / 1,830 / 1,600
Resistance levels: 2,460 / 2,749
Key levels now are 2,225 and 2,065. Follow the trend of Bitcoin; if it breaks through 2,225, it could open up a 200-500 dollar increase. There’s no clear take-profit level set there, as yesterday’s test at 2,065 was consistent with the 70,825 level of Bitcoin.
In terms of operation: retracing to buy long is fine. Friday presents a good opportunity to take a position accordingly!