2026-01-12 09:23:19

The US non-farm payroll data came in below expectations, coupled with an expanding trade deficit, leading to increased risk aversion in the market recently. From the 8-hour chart of Bitcoin, it is currently in a critical consolidation phase.

The recent trading days' movements are worth noting: last night, a long position was placed around 90188, which was subsequently broken upward for a total profit of approximately 2000 USDT; during the early trading session, a quick switch to a short position around 92400 also yielded a profit of 2000 USDT; currently, a long position is being re-entered around 90388.

From a technical perspective, Bitcoin repeatedly tests this price range, indicating a balance of buying and selling forces. Short-term traders should closely monitor the movements of US Treasury yields and the US dollar index—these macro factors are deeply impacting liquidity in the crypto market. It is recommended to focus on the key levels of breaking above 92500 and falling below 89500, as these will determine the main trend direction moving forward.

BTC-0,3%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

BrokenDAO

· 3h ago

Long and short balance? Haha, this is the current situation where the game equilibrium is repeatedly broken. It seems to be repeating the same mechanism flaw—the illusion of liquidity.

View OriginalReply0

EyeOfTheTokenStorm

· 3h ago

Another T guy who self-deludes himself in the face of historical data. Is weak non-farm data considered good? I think you're exhibiting a typical gambler's mentality, using the levels 92,500 and 89,500 to paint a rosy picture for yourself.

View OriginalReply0

SatoshiSherpa

· 3h ago

Ha, you're bottom fishing at 90388 again. This repeated friction at this level is really annoying. That's just how the market is. The non-farm payroll data hit hard, leaving us completely stunned. But then again, who can really figure out the US bond yields... A profit of over 2000 US dollars is pretty good, but it seems like the 92500 level might take a while to break.

View OriginalReply0

DataChief

· 3h ago

Is this all when non-farm payrolls are below expectations? Feels like the market reaction is a bit sluggish. Buy and sell between 90188 and 92400, the rhythm of this wave is still okay, but it's mentally exhausting. The key is still to watch U.S. Treasuries; they truly determine life and death.

View OriginalReply0