In the live broadcast of Three Kingdoms College: Non farm data is coming, will the pie skyrocket to 90000?

Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 1、 Bitcoin (BTC): Liquidity Sweep and Support Testing Current price and trend: Bitcoin has experienced a intraday decline of approximately 4.6%, with prices fluctuating around $85500. At present, there is a clear downward trend of oscillation, and the daily level has penetrated the lower band of the Bollinger Bands. Core technical indicators: Moving average system: The price is currently running below the 50 day moving average (EMA50), indicating heavy short-term selling pressure. RSI: in the range of 40-45 (moderate to weak), the hourly chart shows oversold, and there is short-term demand for rebound and repair. [Key position:] First support: $85000-85500. This is the key technical position that the bulls are currently holding on to. Second support: $84000. If this position is lost, the market may quickly fall to $80600 or even deeper at $76000. Resistance level: The primary pressure above is $88000, and only by returning to the $90000 mark can we reverse the intraday decline. Fund movement: Institutional spot ETFs (such as Fidelity FBTC and Grayscale GBTC) have a net outflow of approximately $350 million per day, indicating that large funds are hedging and adjusting their positions before the end of the year.   2、 Ethereum (ETH): Healing after the psychological barrier is breached Current price and trend: Ethereum has fallen more than 6%, falling below the extremely important psychological and technical watershed of $3000, and is currently seeking support around $2900. Core technical indicators: Trend structure: The four hour moving average is arranged in a bearish pattern, with the Bollinger Bands opening downwards and in a typical downward channel. Indicator: The RSI indicator shows signs of turning upwards in oversold areas, and there may be a small-scale technical suction rebound. [Key position:] Support level: Focus on $2900. If further volume falls below, support will move down to $2830 or $2620. Pressure level: Priority should be given to recovering $3000 for intraday rebound. The strong resistance zone is located between 3150-3200 US dollars, and it is difficult to say a reversal without breaking through this range. Fund movement: Ethereum spot ETF also recorded a net outflow of approximately $65 million, with market participation decreasing recently.   3、 Macro driving force of the market 1. Large scale liquidation: In the past 24 hours, the total amount of liquidation on the entire network has been close to $600 million (with bulls accounting for nearly 90%). This "long kill long" liquidity sweep usually indicates that a short-term bottom is approaching, but it is also accompanied by extremely high risk of penetration. 2. Divergence in Federal Reserve Policy: There are internal disagreements within the Federal Reserve regarding the path of subsequent interest rate cuts, with speeches by Milan (supporting aggressive rate cuts) and Williams (supporting the status quo) triggering a coordinated sell-off in the US stock and currency markets. 3. Geopolitical and economic data: The market is closely monitoring the non farm payroll data to be released in the evening, as well as the expectation that the Bank of Japan may raise interest rates this week, which has led to the withdrawal of yen arbitrage trading and further drained the liquidity of risk assets.   Suggestion: The intraday fluctuations are significant, and it is recommended to reduce leverage operations. Radical investors can observe the stabilization signals around BTC 85000/ETH 2900 for short-term trading; Moderators should wait for the price to return to the key resistance level (BTC 88000/ETH 3000) before making a decision. Professor Pang Tong, who has 12 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.