On Wednesday night at 22:00, the US will release non-farm payroll data for the first quarter. The market expects that the US will significantly lower the employment figures, with the worst case scenario being a downward revision of 1 million people. If this happens, it may increase market expectations of a recession, and there will be a lot of volatility tonight.

At 2:00 AM on Thursday, the Federal Reserve will release the minutes of the monetary policy meeting. The long-awaited interest rate cut should be on its way in September.

Tonight may be a turning point in the market?

I don't know if everyone has been making money or losing money recently. In the current volatile market, it can be a heaven for day traders but a meat grinder for most people, making it easier to lose money.

Let's summarize the characteristics of the current market:

1. Most breakouts are likely to be false, so when there's a big rise, it will fall back down and when there's a big drop, it will rise back up. You can see many V-shaped patterns in the daily and hourly charts.

2. In a trending market, holding positions can make a lot of money, but in a volatile market, holding positions can turn profits into losses.

3. Whether you go long or short, unless you have stop-loss orders and avoid being liquidated, you will go through the process of being trapped, releasing the trap, and then making a profit.

Therefore, we can find the money-making methods we want to match:

1. Shorting when it rises to the resistance level, going long when it drops to the support level. Although there is a possibility of being trapped, there is a high probability of making money when the position is closed.

2. Don't be greedy. After closing the position and making a profit, exit when the profit reaches around 2000 points.

By adopting the above methods, everyone should be able to make some money.

However, everyone needs to pay attention to the fact that the characteristics of the daily chart, with peaks decreasing and valleys shifting downwards, have not changed. In other words, from a daily chart perspective, it is still a downward trend. After a long period of oscillation, it will once again usher in a trending market. At that time, the trading methods need to be reassessed according to the market.

Sharing some altcoins with money-making opportunities

Recently, the altcoin market has been particularly profitable, and experienced altcoin players should understand the underlying secrets. This feeling is quite familiar, and the candlestick patterns are also similar. Basically, you can boldly chase after the rally. It's not a one-shot deal, usually lasting for 3 days. As for Bitcoin, it is relatively stable, so the focus of recent operations can be placed on altcoins first.

When we are all waiting for ETH and SOL to break the highs of 2021, TRX may actually be the first to break the previous high. Sun Ge's influence is indeed strong, but everyone is also afraid and dare not get on board.

On the other hand, V Dog's ETH, everyone is on the bus, but now it's still lying on the ground, which is frustrating. But Sunpump's one-click meme platform charges a 1% fee for posting memes, which directly deflates TRX and creates long-term bullishness. It doesn't matter if you haven't boarded TRX, you can pay more attention to the Tron-based currencies.

Buy VOXEL and it will push the market up! Profits have already reached 6 points!

$LOKA and $VOXEL are two brothers flying together. I don't know why there are more than just these two coins in the game sector of Binance, but their correlation is very high. You can layout both LOKA and VOXEL at the same time.

There are many coins in the market that have high correlation, such as $USTC, $LUNC, and $LUNA. When one rises, it will drive the other.

All of this is accumulated over time. For example, when some people see $combo and are still looking up what it is, others are already looking for other coins in the game sector that haven't risen yet. Information asymmetry is born like this.

Recently, most of the coins that have risen a lot are low market cap coins with contract bullishness. I have observed several coins that have already increased in volume.

If you have an open contract, it should be one of the following: $mbox, $loka, $nuls, $burger.

Pay attention to coins that have continuously increased volume to an average of $20 million within three days. If the target has not risen too much, you can take a bite. Contract expectations.

Even if you long and open a contract, it may still go down, like VOXEL, which dropped thirty points on the contract.

$SATS is starting an independent market! 1. The EMA moving average is in a bullish arrangement, with EMA20 acting as strong support! 2. The MACD indicator is retracing the zero axis, but has not broken through and continues to rise! 3. The lows are continuously rising, forming an upward trend. 4. The trend is not affected by the Bitcoin market. The next target is 0.0003700!

Yesterday, $FLOKI started a small rebound, thanks to the push from the news and the breakthrough in its pattern.

Specifically, Floki has seen a breakthrough in the descending wedge pattern, which is the key factor in this small rebound. At the same time, on the news side, Binance announced that users holding over 0.4 million Floki tokens will receive CAT airdrop tokens, with the snapshot scheduled for the 29th, which is one week away. With the airdrop criteria clarified: the more you hold, the more airdrop you get, it will undoubtedly trigger a wave of speculative trading.

From a pattern perspective, the first high point of the wedge reversal has already been reached. Generally speaking, the first high point of this pattern is usually located at the starting point. As long as it can break through and hold steady, there may be an accelerated uptrend to follow. Therefore, although there may be some volatility in the current period, I believe that there is still an opportunity for accelerated growth ahead.

There are also recommendations for people, pepe, and others in other articles, so I won't go into detail here.

There are many recommended coins, so everyone can choose according to their own preferences. If you have any questions, feel free to contact me.