#美国非农就业数据未达市场预期 Monday Market Notes | Technical Analysis and Trading Ideas

The weekend market remained relatively stable. Bitcoin repeatedly tested around 90,600, and the consolidation pace fully aligned with previous forecast frameworks. This morning, it jumped from 90,170 to 91,770 in one go, a move of nearly 1,600 points — this rebound is quite strong.

How to interpret the technicals? On the four-hour chart, after the previous decline, the Bollinger Bands have flattened, losing their directional trend. But from a longer-term perspective, the bearish signals remain very clear. More importantly, the momentum of this rebound is waning, and the logic for further downward breaks is actually more convincing. Therefore, in terms of trading rhythm, the main approach is to consider shorting on rallies.

Specific reference points:
- $BTC: Short in the 91,800-92,500 range, targeting 89,000-90,000
- $ETH: Short in the 3,150-3,180 range, with a downside target of 3,010-3,060
- $BNB should also be monitored simultaneously

US non-farm payroll data was weaker than expected. The short-term impact of this external disturbance on commodities and risk assets is worth observing. But from a purely technical perspective, the current rebound has indeed entered a exhaustion phase, and a retest to the downside is more likely.