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The non-farm data released in the evening was 7.3, lower than the previous expected value, which is positive news. The market data showed a slight Rebound, but it did not achieve a significant increase. Currently, the coin price is around 11.57. Following the stimulus from the news, there has not been much of a Rebound in the market. From a four-hour perspective, the market structure has not changed significantly. The coin price has returned above the lower band with small consecutive gains, but various indicators still show that the short positions dominate the market in the short term. The bearish outlook remains unchanged, and it is advisable to respond with a high short position strategy during the Rebound.
Short positions on Bitcoin are near 116000-116500, pay attention to around 114500. Short positions on Ethereum are near 3680-3700, pay attention to around 3580.
#BTC# #ETH# #GateioInto11#