BTC's recent movement has been interesting—after spiking to 92,000, it started to decline and is now fluctuating around 90,500. Honestly, the bulls are a bit exhausted at this point. From the chart, the price has broken below the short-term upward trend line, with the 5-day and 10-day moving averages pressing from above. The MACD has formed a death cross, with increasing green bars, and the RSI has fallen to 42, indicating a weakening trend.
Looking at the 4-hour chart, the price bounced off the lower Bollinger Band at 89,262, but the rebound lacked sufficient volume. The Bollinger Bands are now narrowing, with the moving averages stacked very tightly above, making further sustained upward movement unlikely.
Operational ideas are:
**BTC**: Short between 91,500-92,000, targeting 90,000-89,000 **SOL**: Short between 138-142, targeting 135-130
$BTC $SOL The U.S. non-farm payroll data being below expectations is still unfolding, and short-term risks remain weak.
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NFTFreezer
· 01-10 02:10
The bulls have been a bit exhausted these days, backing down at 92,000. Still want to go higher? Dream on.
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ChainMaskedRider
· 01-10 02:10
92,000 is the ceiling. Currently, this volume can't be sustained, and short-term outlook remains bearish.
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SigmaValidator
· 01-10 02:02
The bears are getting fiercer, breaking below 92,000. This time, there's really no rebound strength.
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PhantomHunter
· 01-10 02:01
Going short again, this time the non-farm payroll data directly crushed the bulls to the ground haha
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BearHugger
· 01-10 01:59
That wave of 92,000 really killed without blinking. Now shorting feels great, but I'm just worried about a quick pullback in the opposite direction.
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DataPickledFish
· 01-10 01:59
The 92,000 level really can't hold, I've seen through it long ago haha
#美国非农就业数据未达市场预期 Today's Market Summary:
BTC's recent movement has been interesting—after spiking to 92,000, it started to decline and is now fluctuating around 90,500. Honestly, the bulls are a bit exhausted at this point. From the chart, the price has broken below the short-term upward trend line, with the 5-day and 10-day moving averages pressing from above. The MACD has formed a death cross, with increasing green bars, and the RSI has fallen to 42, indicating a weakening trend.
Looking at the 4-hour chart, the price bounced off the lower Bollinger Band at 89,262, but the rebound lacked sufficient volume. The Bollinger Bands are now narrowing, with the moving averages stacked very tightly above, making further sustained upward movement unlikely.
Operational ideas are:
**BTC**: Short between 91,500-92,000, targeting 90,000-89,000
**SOL**: Short between 138-142, targeting 135-130
$BTC $SOL The U.S. non-farm payroll data being below expectations is still unfolding, and short-term risks remain weak.