Main password: Non farm or catalyst, with the main force laying out over 58 million intensive pending orders in this range
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According to the main single order statistics, BTC major traders have completed $87.81 million in sell orders since 11:00 today, including multiple short orders exceeding $10 million, indicating that the main players have turned bearish and need to be alert to the risk of a pullback. However, in the 45 minute cycle, there are signs of a golden cross in EMA24 and EMA52. If the golden cross signal holds, BTC may rise to 61900~62200, with intensive sell bets worth $58.67 million in this range; If the golden cross signal is not established, attention should be paid to the support of 61120, and the strong support below 60000 (large spot traders hanging up to buy 12.93 million US dollars). Special Reminder: Tonight at 20:30, the United States will release its September non farm payroll data. If the unemployment rate remains unchanged and the non farm employment population maintains a moderate growth trend, the possibility of the Federal Reserve cutting interest rates by another 50 basis points in November will be reduced. Before and after the release of non farm payroll data, there is significant uncertainty in the market. It is recommended to trade in line with the trend after breaking the price level. Data for reference only
