After the US non-farm payroll data was released on Friday, employment figures fell short of expectations, and market hopes for rate cuts were once again dashed, leading to a clear pressure on sentiment.
From the trend perspective, the market is currently just oscillating back and forth — on the four-hour chart, the Bollinger Bands' three lines have become nearly parallel, with major players repeatedly trading within this range to drain retail traders' emotions. The bullish and bearish forces are in a stalemate, with no clear directional guidance, showing typical signs of a technical downtrend continuation.
Looking at a larger timeframe, the bears still hold the advantage. Each rebound is weakening, and the upward moves lack follow-through momentum. These rebounds are merely emotional recoveries, not trend reversals. The technical driving force behind the decline far exceeds that of the rise.
Trading strategy remains unchanged — maintain a bearish outlook. Focus on the resistance level at 92,600, with support at 89,500. Continue to short on rallies; any rebound is an opportunity to short.
$BTC Trading Advice: Consider short positions around 92,000-92,600, targeting 91,000-90,500. If this level breaks downward, continue to watch 89,500.
$ETH Trading Advice: Enter short positions near 3,160-3,200, with targets around 3,060-3,100.
Timing is crucial; be patient and wait for high-level shorting opportunities.
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MEVHunter
· 11h ago
ngl the weak nonfarm data is just noise tbh... real question is whether these micro bounces trap enough retail before the next leg down. watching that 92.6k like a hawk rn, every pump feels like a slow bleed setup fr fr
Reply0
CrashHotline
· 11h ago
Here we go again with this set? When Bollinger Bands are parallel, retail investors start to get drained. Oh my gosh.
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Are the bears holding the advantage? Then I'll just wait to be proven wrong.
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92600 really can be suppressed? Feels like this number has been shouted for a long time.
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Non-farm payroll data drags down again, the rate cut dream is shattered again, I'm numb.
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The rebound is just emotional recovery, it sounds really uncomfortable.
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Short at highs, short at lows, in short, just losing money.
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89500 can it really hold? Why do I find it so hard to believe?
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I've heard too many times that the rhythm is crucial.
View OriginalReply0
SchroedingerGas
· 11h ago
It's the same old Bollinger Bands parallel strategy; the main players exhausting retail investors with this script is getting old.
View OriginalReply0
NotAFinancialAdvice
· 11h ago
Another rebound, trying to trick me into bottom fishing again. Forget it, I'll just stay on the sidelines.
View OriginalReply0
WenAirdrop
· 11h ago
It's just repetitive consumption again, it's really annoying to watch.
#美国非农就业数据未达市场预期 Monday Market Review
After the US non-farm payroll data was released on Friday, employment figures fell short of expectations, and market hopes for rate cuts were once again dashed, leading to a clear pressure on sentiment.
From the trend perspective, the market is currently just oscillating back and forth — on the four-hour chart, the Bollinger Bands' three lines have become nearly parallel, with major players repeatedly trading within this range to drain retail traders' emotions. The bullish and bearish forces are in a stalemate, with no clear directional guidance, showing typical signs of a technical downtrend continuation.
Looking at a larger timeframe, the bears still hold the advantage. Each rebound is weakening, and the upward moves lack follow-through momentum. These rebounds are merely emotional recoveries, not trend reversals. The technical driving force behind the decline far exceeds that of the rise.
Trading strategy remains unchanged — maintain a bearish outlook. Focus on the resistance level at 92,600, with support at 89,500. Continue to short on rallies; any rebound is an opportunity to short.
$BTC Trading Advice: Consider short positions around 92,000-92,600, targeting 91,000-90,500. If this level breaks downward, continue to watch 89,500.
$ETH Trading Advice: Enter short positions near 3,160-3,200, with targets around 3,060-3,100.
Timing is crucial; be patient and wait for high-level shorting opportunities.