#美国非农就业数据表现优于预期 Bitcoin and Ethereum today's market review

Last Friday, we opened a long position at 81000. After two days of recovery over the weekend, the target price of 88000 was successfully reached. A profit space of 7000 points! Entered Ethereum at 2640, reaching a high of 2880, also gaining 240 points.

From the daily chart, today's highest reached 88100, and the lowest fell back to 85900. A large bullish candlestick has directly reversed the weak trend of the previous two days. However, there is still some distance to the 0.618 Fibonacci level of 94200. In terms of technical indicators, the MACD histogram is starting to shrink, with the DIF and DEA lines showing signs of convergence. The Bollinger Bands continue to expand downward, and the K-line has just escaped the lower band, but the middle band is still applying pressure from above. In the short term, the bullish momentum is evident.

Overall judgment, the bulls are still in an upward channel. Positive news has already released part of the energy, while another part may need to wait until the US market opens tonight to be realized. The upper pressure zone that needs to be focused on is between 88800 and 93000.

Trading Ideas Reference:
$BTC can look for long opportunities in the range of 85500-86500, targeting 88600-91200.
$ETH long position set in the 2750-2800 range, with target set at 2960-3060