#Gate广场创作者新春激励

Today marks my 570th consecutive day of posting updates, without a single break. Each post is not just perfunctory but carefully prepared. [微笑] If you think I am a serious person, you can walk with me, and I hope the daily content can help you. The world is vast, and I am small. Follow me so you don’t have trouble finding me. [微笑][微笑]

After a continuous 6-day rebound, the market correction for Bitcoin and Ethereum arrived as expected. Looking ahead to this Friday’s market expectations for unemployment and non-farm payrolls, the unemployment rate has decreased, while non-farm employment has declined. These are generally considered a negative and a positive, respectively. Such data often cause market fluctuations, with sharp spikes up and down, followed by further testing of support levels.

Bitcoin broke below the small support level of 92,000 and returned to oscillate around 90,000. The longer the oscillation at this level, the more solid the support becomes. The spike is expected around 89,200. For those entering around 92,000, this is a good position to add to your position.

Ethereum’s upside potential is limited. Reaching around 3,320, which is a resistance level, already broke through many hurdles. Bitcoin also did not rally further to push Ethereum higher but instead fell back together, preparing for a new breakout. Ethereum’s starting point for a rise is around 3,120, which is now the support level. If it falls below this, there is support around 3,050 below.

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