Market analysis and strategy sharing for August 7th; pay attention to tonight's non-farm payroll data!

Our internal community's precise entry and exit strategies are consistently profitable. Follow our trades by checking my profile (QQ). There are no entry barriers. You can check our past articles for a high win rate. Every trade is live-streamed. Currently, Bitcoin is priced at $64,375, down 0.38% in the last 24 hours; Ethereum is at $1,904.55, down 0.26%. Tonight's non-farm payrolls are expected to show an increase of 83,000 jobs and an unemployment rate of 4.2%, but Vanguard only predicts 18,000, indicating a significant divergence. Data from Jinshi shows the US dollar index at 99.94 and the US Treasury yield at 4.679%. Fed officials have frequently discussed interest rate hikes; if inflation is strong, Warsh may raise rates in September. Three scenarios are considered: If the data is ≤50,000, expectations of a rate cut will increase, and BTC may surge to 66,000-66,500; if the data is between 70,000 and 100,000, the impact will be neutral, and the price will continue to fluctuate between 63,000 and 65,500; if the data is ≥110,000, expectations of a rate hike will strengthen, and BTC will face bearish pressure on the four-hour chart, potentially retracing to 61,900 or even 60,000. Strategically, for BTC, a short-term long position can be attempted when the data is ≤50,000, with a stop loss below 63,500 and a target of 66,000-66,500; observe when the data is 70,000-100,000; when the data is ≥110,000, considering the net inflow of approximately $626 million into ETFs over three consecutive days, there is support for funds, so it is not advisable to be completely out of the market. Light long positions can be placed in batches at 61,900 and 60,000, with a total position size of no more than 30%, and a stop loss at 59,500. If there is a false breakout, abandon the placed orders and wait for stabilization before entering on the right side. For ETH, a light rebound can be attempted when the data is ≤50,000, with resistance at 1920 and a target of 1950 if it breaks through; observe firmly when the data is 70,000-100,000; do not participate in long positions when the data is ≥110,000. If holding spot, reduce positions around 1920, with support at 1820 and 1780, but do not try to bottom-fish.