Unexpectedly strong Non-Farm Payrolls, short positions once again profit big! 1.8 Bitcoin Auntie’s Strategy
US December ADP employment increased by 41,000, below the expected 50,000, indicating that the labor market is losing momentum as we approach 2026. Notably, small businesses have resumed hiring, while large corporations are contracting. As a result, US stocks surged then sharply retreated, and the coin prices did not follow the rally. Yesterday’s short-selling strategy yielded huge profits, with Bitcoin gaining nearly 2,000 points and Ethereum over 100 points!
Bitcoin Auntie’s daily chart closed bearish but did not break below the 60-day moving average. The Bollinger Bands are narrowing significantly. The KDJ indicator on the chart is at a high level and turning down to form a death cross. The MACD momentum continues to shrink. The overall trend is leaning towards bearish, so the idea of rebounding and shorting remains unchanged. This week’s main event to watch is the Friday Non-Farm Payrolls!
1.8 Short Position Strategy:
Bitcoin at 92,200-92,800 short, conservative traders enter at 93,500-94,000, with a stop around 95,000. Target near 91,500-91,000, and if broken, look at 90,500-90,000. Continue to move stop-loss accordingly based on market situation!
Ethereum at 3,220-3,260 short, conservative traders enter around 3,300, with a stop near 3,350. Target near 3,150-3,130-3,100, and if broken, look at 3,050-3,000. Continue to move stop-loss accordingly based on market situation!
1.8 Long Position Strategy:
Bitcoin retracing to 89,000-89,500 long one lot, with a stop around 88,000. Target near 90,000-90,500-91,000. If broken, look at 91,500-92,000. Continue to move stop-loss accordingly based on market situation!
Ethereum retracing to 3,020-3,050 long, with a stop around 2,960. Target near 3,100-3,140-3,170. If broken, adjust stop-loss accordingly.
Yesterday and the day before yesterday’s short strategies performed as expected, with two big wins. Although the small Non-Farm Payrolls data was unexpectedly strong, it’s possible that the upcoming big Non-Farm Payrolls could produce fake data to influence coin prices. So everyone should pay close attention to the Friday Non-Farm Payrolls data!#Meme币板块回暖