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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Dare to trade. Dare to win.
It is now 10:50 a.m. on November 2nd. Yesterday, we mentioned two points: first, the non-farm data will improve market risk aversion, and second, the price will repeatedly test the support and then rebound. Yesterday's non-farm data was lower than the market's expectations, and non-dollar currencies rebounded across the board. Intraday, the BTC price approached the key support several times (see the previous video), but then there was a clear rebound with a significant increase in volume. It is expected to form a new range center at the 4-hour level next, with upward oscillations being the main trend today. In terms of swing trading, it is approaching the end of the rise C wave here. I still firmly believe that we will first see a historical high before a major adjustment occurs. Before that, I am firmly bullish. I am Milo, follow me, let's go through the bull and bear markets together.