8.1 Evening Thought Analysis



The non-farm payroll data will be released tonight, and the moment to face new challenges is approaching. If you are not fully prepared yet, don't worry; leave the professional matters to the professionals. Follow me, and I will guide you in the right direction.

From the current market structure, the shipping situation remains weak. The hourly level shows a continuous downward trend, occasionally accompanied by brief rebounds to release market sentiment, with an overall clear correction rhythm; on the four-hour chart, the price has faced six consecutive bearish candles, not only breaking through the lower support but also continuing to diverge downwards, with the current trend being quite clear. Although the trading volume has weakened, the price is fluctuating around 115,000. Based on the current situation, after the release of non-farm data tonight, there is a high probability that the market will enter a new round of extreme shipping situation.

Therefore, the operational mindset in the evening remains unchanged, continue to pay attention to Bitcoin's performance in the range of 115700 to 116200, with a short-term downward target of 113600.
BTC1.29%
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