Non-farm data has little impact; the market is still moving at its own pace. After a sharp decline and bottoming out yesterday, it is now entering a low-level consolidation. A detail worth noting: the market lows are gradually rising, from 80,000 to 84,000, and then around 85,000 yesterday, indicating that support is slowly strengthening, and the bulls may be quietly building a bottom. Of course, we should still be cautious of the risk of the main force dumping again.

Let's briefly analyze from the daily and four-hour levels:

On the daily level, the overall trend is still in a downward channel, but multiple supports around 85,000 have held, becoming a key medium-term support/resistance level. Yesterday closed with a bullish candle, and the MACD green bars are shortening, indicating that the downward momentum is weakening and a reversal may be brewing, but a clear reversal signal has not yet appeared. Strong resistance above is at 94,500, with core support at 85,000; if broken, look to 83,500.

On the four-hour level, it is in a phase of oscillation and recovery after a sharp decline, forming a platform above 85,000. The MACD shows signs of forming a golden cross at low levels. If it can stabilize in the 87,000-88,000 range, the short-term rebound will be more obvious. Currently, the main fluctuation range is 85,000-90,500, with 90,500 being a recent structural resistance.

You Ge's 12.17 Bitcoin trading strategy:

1. Long at 85,999-86,888, stop loss below 84,999, target 88,488-89,488

2. Short at 89,888-88,888, stop loss above 90,999, target 87,488-86,488

You Ge's 12.17 Ethereum trading strategy:

1. Long at 2,890-2,930, stop loss below 2,830, target 3,018-3,058

2. Short at 3,078-3,038, stop loss above 3,131, target 2,966-2,918

The above analysis and strategies are for reference only. Currently, there are also analysis and guidance for BTC, ETH, BTAT, ZEC, LUNA, FIL, SOL, XRP, BCH, BNB, FHE. Feel free to communicate at any time.