Good morning everyone, after the market data rose to around the 109000 line in the early morning, it pulled back down to touch the 108200 line and quickly rebounded, inserting a long wick candle to 109684. Subsequently, it pulled back again and is currently fluctuating above the 109000 line. The short order layout from the early morning has also captured nearly k points of space. ETH rose to a high of 2607 before pulling back, and is currently fluctuating around 2580. Overall, the pullback followed by the rebound is also within expectations.

#非农就业数据来袭#
Overall market data indicates that the easing of geopolitical conflicts and tax trade have injected a brief strong upward momentum, but it is not sustainable. After the fundamental news fades, it will gradually return to technical adjustments and repairs.
On the four-hour line, after the price of the currency broke through the middle track, the pullback near the middle track encountered strong support again, but the upward movement did not strongly break through the upper track and quickly fell back. The long wick candle was not without action either. At the same time, the three tracks gradually moved parallel, and the oscillation range gradually expanded from small to large, leading to a situation of horizontal adjustment at key points. After once again converging from the range, a direction will be chosen again. In the short term, as strong breakouts have not occurred, the oscillation pattern will continue, and short-term positioning can be done by selling high and buying low within the range.
#Dr.Han入驻Gate广场#
In the morning, Bitcoin is referenced around 109500, looking at 108500-108000; Ethereum is referenced for short orders at 2600-2580, looking at 2550-2530. #Gate VIP 焕新升级#