Last night’s non-farm payroll data highlighted two key levels: Ethereum broke below 2030 to short, and Bitcoin broke below 69000 to short.


The 69000 level is a Fibonacci support, a trendline support, and also a critical point for the 4-hour bullish/bearish divide.
This is a short-term strategy based on the data, and all positions are currently profitable. The short positions from the night before yesterday can be moved to break even or with a trailing stop.
Observe today’s trend: Bitcoin still has a significant number of buy orders below the current price. Stop-losses for long positions can be placed below 67000.
Currently, there is still a slight possibility of a rebound, but overall, the trend remains bearish.
Last night’s data was bullish for gold, silver, and crude oil. Our RSI strategy for gold has been in play since before the New Year and is still steadily profitable.
Crude oil (XTI) can adopt the same RSI-based strategy as gold.
ETH-4.48%
BTC-4.02%
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