Bitcoin came under pressure in the early session, briefly dipping to around 86,600 before a slight rebound, but the recovery lacked momentum. Currently, it is fluctuating narrowly in the 87,000-87,500 range, with both bulls and bears locked in a tug-of-war.
From a technical perspective, after a spike in the early morning failed to sustain an uptrend, there was a continuous pullback, with bulls quickly becoming passive. A short-term rebound does not equal a trend reversal, so caution is advised when chasing highs. Bears currently have the upper hand in this environment.
Trading Strategy: $BTC Consider shorting if price rebounds to around 88,500 or 89,500; watch support at 85,500 below, and if it breaks, look for 84,500 $ETH If price rebounds to around 2,950 or 3,000, consider building short positions; target 2,850 below, and if it breaks, aim for 2,750
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BearMarketLightning
· 11-28 08:23
Another range-bound battle is here, the 88500 short order is ready, this round of US Non-farm Payrolls (NFP) has left people in a state of confusion.
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FlashLoanPhantom
· 11-25 12:44
Here we go again, as soon as the non-farm data is released, it starts to Plummet, the bears are really enjoying it.
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ApeWithAPlan
· 11-25 12:35
It's range-bound again, should I place a short order at 88500? Anyway, this terrible market can't be avoided.
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HashBard
· 11-25 12:24
ngl the whole "bearish signal" narrative feels like watching hamlet retold as a tragedy nobody asked for... btc's doing that thing where it fakes recovery but the poetry's all gone, ya know? sentiment's off, discord pulse is basically flatline at this point. $BTC sitting there like it forgot its own story arc.
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SignatureDenied
· 11-25 12:23
US Non-farm Payrolls (NFP) is stirring the pot again, the long positions really have no chance this time. The bears are indeed the ones in control.
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TheShibaWhisperer
· 11-25 12:17
The Order Book between 87000 and 87500 really feels like practicing Tai Chi, and long positions got beaten up again.
#美国非农就业数据表现优于预期 October 25 Night Session Observation
Bitcoin came under pressure in the early session, briefly dipping to around 86,600 before a slight rebound, but the recovery lacked momentum. Currently, it is fluctuating narrowly in the 87,000-87,500 range, with both bulls and bears locked in a tug-of-war.
From a technical perspective, after a spike in the early morning failed to sustain an uptrend, there was a continuous pullback, with bulls quickly becoming passive. A short-term rebound does not equal a trend reversal, so caution is advised when chasing highs. Bears currently have the upper hand in this environment.
Trading Strategy:
$BTC Consider shorting if price rebounds to around 88,500 or 89,500; watch support at 85,500 below, and if it breaks, look for 84,500
$ETH If price rebounds to around 2,950 or 3,000, consider building short positions; target 2,850 below, and if it breaks, aim for 2,750
Relevant Focus: $COAI $ASTER $ZEC
Market sentiment is cautious, and volatility caused by stronger-than-expected US non-farm payroll data is still being digested.