Good morning everyone, sharing some recent market observations.
Yesterday's high was reached quite timely; otherwise, it would have been easy to get trapped. Currently, the overall trend shows a 45-degree upward slope, with some pullback after breaking around 90500. The resistance at this level is still quite evident.
There are two types of intraday strategies: conservative investors can consider short-term trades on pullbacks, while more aggressive traders can go short near 90500.
It is important to note that starting next week, we will enter the non-farm payroll data week, with December data being released gradually. Currently, precious metals and similar assets are all in a correction phase. If the data performance is not ideal, further pressure may occur.
**High-Short Reference Plan:** - Short around 90500-91000, add positions around 91500-92000, with targets at 88500-89000; if momentum is strong, consider 87500 - Spot trading around 3130-3150, add positions around 3180-3200, with lower targets at 3060-3030
**Short-term Plan:** - If the levels at 88500 and 3030 are not broken, go long directly
The key is to control risk and choose trading strategies according to your risk tolerance.
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CryptoPunster
· 01-05 05:36
Smiling and completing this trade at a high altitude, anyway, losing money should be at least humorous.
The non-farm payrolls are coming, and you still dare to go all-in? Are you challenging my imagination with your risk tolerance?
Around 90500, bears are gathering. What kind of big show are we ordinary leek farmers being treated to?
You promised to control risk, but you still follow the trend and chase highs. Is this our fate?
The experts' analysis is so detailed, I can rest assured and keep losing money.
Should I now pray for data to exceed expectations, or else I might really have to eat dirt?
I don’t understand the 45-degree slope, but I know the steeper the angle, the faster I lose.
At such times, the biggest test is mental state. Who else dares to say they wouldn’t get carried away?
Why do I feel like the weekly non-farm data is just a fancy way of saying it’s leek-cutting week?
The trend is rising, but my account has already been declining for a long time, haha.
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WalletDoomsDay
· 01-04 15:23
Yesterday was really fast, or else this wave would have buried us. Now, this 45-degree angle feels a bit shaky...
Non-farm week is here, and I'm most afraid of the data messing up. Precious metals are all heading down, this signal isn't very good.
I will buy the dip if 88500 doesn't break, if it breaks, then it's time to step back.
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liquiditea_sipper
· 01-03 15:40
That wave yesterday was really stuck, is 90500 coming again? It feels like everything will settle down before the non-farm payrolls.
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ChainWanderingPoet
· 01-03 04:53
That move yesterday was really risky, almost impossible to recover from. With such important pressure now, I still need to be cautious.
The key level at 90500 is really tightly held; I think I need to wait for the non-farm payroll data to move the market.
The aggressive traders going short directly make me a bit hesitant; I’d rather wait for a dip to pick up some bargains.
There are too many risks this week; once the data is out, it might get bloody.
If 88500 can't be broken, I'll get in; anyway, there’s not much big movement.
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FOMOSapien
· 01-03 04:53
90500 is really holding firm at this level; those who cleverly escaped yesterday have made a lot of profit.
Non-farm week is here; can the data at least show some face?
It feels a bit risky to go for aggressive short positions; maybe wait for a pullback.
If 88500 doesn't hold, it might look even worse; it depends on how it moves tonight.
Why does it feel like precious metals are also falling along? It's really a bit annoying.
Short-term long positions really need the right entry point; otherwise, you're just making things unpleasant for yourself.
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JustHereForMemes
· 01-03 04:47
That move yesterday was really risky. If we didn't act now, we might get trapped deeply. Currently, the position feels a bit shaky.
Non-farm week is here. If the data underperforms, we might see further declines.
Personally, I prefer to wait until around 88,500 before taking action—better to be safe.
Why does this wave seem less momentum than the previous ones? Just waiting to be proven wrong.
I don't have the guts to go long at high levels; I'll just watch and see.
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VitalikFanboy42
· 01-03 04:33
90500 this level is really tough, I just didn't exit in time yesterday, now I feel a bit regretful
Let's wait for the non-farm payroll data to come out, there are too many uncertainties this week
Going short or going long, honestly I'm a bit unsure, better to wait and see
If it doesn't break 88500, I'll go long with you guys, but it feels risky
The recent correction in precious metals has been quite fierce, worried it might continue to drop
The 45-degree slope is correct, but if next week's data is bad, a sharp decline is certain
Shorting sounds good, but I don't have that much courage, better to be conservative
Non-farm payroll week is the real big show, exiting now doesn't feel like a loss
Controlling risk is right, last time I lost everything out of greed
Is the pressure around 91000 really unbreakable? I feel like it can still push higher
This market is just gambling on non-farm payroll data, it's so exciting
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HodlKumamon
· 01-03 04:31
Precious metals are pulling back together. During this non-farm week, we really need to be cautious.
If 88500 can't be broken, just go long directly. Bears like this kind of definitive stop-loss point.
The resistance level at 90500 is really quite tight. Aggressive traders, keep it up. For conservative traders, I still prefer to wait for a pullback before going long.
The correlation of precious metals has exceeded 80% within 72 hours. This data needs to be closely monitored.
For short-term longs, hold the line at 3030. If it breaks, stop out. Capital safety comes first.
The biggest risk during non-farm week is expectation divergence. Bears are already mentally prepared for a dip.
It sounds like the logic for this high-altitude short position is quite clear; it all depends on whether the data cooperates.
Actually, this 45-degree upward correction is quite normal. No need to panic.
Can 87500 really be reached? I'm a bit skeptical about the strength of this move.
Conservative traders can just wait for a pullback and relax. Anyway, if 88500 can't be broken, we win.
Good morning everyone, sharing some recent market observations.
Yesterday's high was reached quite timely; otherwise, it would have been easy to get trapped. Currently, the overall trend shows a 45-degree upward slope, with some pullback after breaking around 90500. The resistance at this level is still quite evident.
There are two types of intraday strategies: conservative investors can consider short-term trades on pullbacks, while more aggressive traders can go short near 90500.
It is important to note that starting next week, we will enter the non-farm payroll data week, with December data being released gradually. Currently, precious metals and similar assets are all in a correction phase. If the data performance is not ideal, further pressure may occur.
**High-Short Reference Plan:**
- Short around 90500-91000, add positions around 91500-92000, with targets at 88500-89000; if momentum is strong, consider 87500
- Spot trading around 3130-3150, add positions around 3180-3200, with lower targets at 3060-3030
**Short-term Plan:**
- If the levels at 88500 and 3030 are not broken, go long directly
The key is to control risk and choose trading strategies according to your risk tolerance.