Sanqian Community Live Streaming: Non farm Explosion! BTC surged 65300 before falling back, long short game enters a new stage

Click on the link to enter the meeting: https://meeting.tencent.com/dm/UfwQyc7RvLHl Last night's non farm payroll data was a fool's eye - in July, the US non farm payroll decreased by 23000 people, and the market expectation was an increase of 80000 people. The data for May and June was further revised down by a total of 103000. The last time there was a negative non farm payroll was in February of this year. As soon as the data is released, the logical chain is very clear: employment gap → the Federal Reserve dare not raise interest rates → the expectation of interest rate cuts is heating up → the US dollar weakens → risk assets benefit. The probability of a rate hike in September has directly increased from 55% to 46%, with all three major US stock indices closing higher and the S&P 500 hitting a new historical closing high. But BTC's performance is very interesting - after charging 65300-65358, it fell back and now sways around 64800-65000. Good news has come, but it has only increased slightly. Why can't BTC rise? I will come to the live broadcast room tonight to explain it to you clearly Looking at the market, Bitcoin (BTC) is currently around 65000, with a high of $65391 and a low of $64166 in the past 24 hours. Ethereum (ETH) reached the $1910 mark, trading at $1914, with 24-hour highs and lows of $1943 and $1894, respectively. In the past 24 hours, the entire network has experienced a stock explosion of 192 million US dollars, with 114 million short positions and 78.16 million long positions. The bears were cleared, but the bulls were unable to push up the price. The Fear and Greed Index has risen to 30 (fear), slightly higher than yesterday's 29. Emotions remain cautious. Key position tracking: The upper pressure is 65300-65500 (today's high+immediate resistance), breaking through to see 66000; The support range below 64000-64100 is a short-term support zone, and if it breaks, it depends on 63000-63500. ETH synchronization: upper pressure 1940-1943, lower support 1890-1900. End of work in one hour. See you at 8 o'clock. 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.