#美国非农就业数据表现强劲 The release of US non-farm payroll data is imminent. How will Bitcoin's short-term market trend fluctuate? Market analysis and trading ideas for early morning

Tonight, with the release of US non-farm payroll data, Bitcoin experienced a slight rebound amid market sentiment fluctuations. From the daily technical perspective, MACD remains in a bullish shrinking trend, but the KDJ indicator shows signs of weakening with all three lines oscillating, and downward pattern signals appear. Additionally, the MA5/10/30 moving averages are acting as resistance, significantly limiting the rebound strength.

Key observation: If the price cannot stabilize above the MA5 moving average (around 88,600-90,000), a true trend reversal will be difficult to form. Bitcoin is expected to retest the support level at around 84,000. Without a clear breakthrough above 90,000, a reversal pattern cannot be confirmed.

On the 4-hour chart, after three consecutive bullish candles, MACD is showing a decreasing bearish momentum below the zero line, while the short-term KDJ slightly rebounds but is repeatedly suppressed near the middle band of the Bollinger Bands. The highs are continuously declining, and the Bollinger Bands indicate an overall oscillating downward trend. Combining with the hourly chart, the current movement mainly consists of small oscillations and rebounds. After testing the MA5 resistance, a new downward move is expected to begin. Support levels to watch are around 85,000-84,000.

Early morning trading strategy: a swing trading approach around the rebound highs for short positions and lows for long positions.

**Short position reference**: Entry at 88,300-88,800, stop loss at 99,200, target around 86,000-85,000

**Long position reference**: Enter at around 85,000-84,000 at the lower end

Ethereum's trend generally follows Bitcoin, but capital inflow and momentum are relatively weak. Short-term resistance is at 3,020-3,050. Without a clear breakthrough, the rebound space is limited. Support levels are around 2,870-2,830.

**Ethereum short position reference**: Entry at 2,975-3,015, stop loss at 3,035, target around 2,920-2,870

**Ethereum long position reference**: Focus on around 2,850 at the lower end

Will continue to monitor subsequent trend developments.