Bitunix Analyst: Moody's Warns Recession Concerns Mount, BTC Surges to High-Density Supply Zone, Strategy Emphasizes Risk Management and Equal-weight Phased Trading

On August 11th, Moody's issued a warning stating that more than half of the industry has exhibited signs of layoffs. The risk of an economic turning point is on the rise. The non-agricultural employment number increased by only 73,000 last month, which is far below the forecast of approximately 100,000. Meanwhile, May's statistics were revised down from 144,000 to 19,000. If the employment data is revised down again, market risk aversion sentiment could quickly intensify. Such macro uncertainties will amplify short-term price fluctuations and fund rotations in crypto assets. Recently, the price of BTC has rapidly risen from around 112k to nearly 123k, with selling pressure in the range of 122k - 123k. If a breakthrough is accompanied by an increase in volume, the next supply levels will be at 124k and 127k. The suggestion of the Bitunix analyst is as follows: Currently, BTC is mainly in a stage of waiting for confirmation. If BTC can break through with volume and stabilize above 120k (confirmed by daily closing), the next targets will be 124,000 and 127,000. If there is a rejection at 120k or a high upper shadow appears, or a retest of 116k - 114k, it is advisable for investors to set stop losses for each position not exceeding 5% - 8% of net funds, enter positions in batches, and use trailing stop orders. Keep a close watch on tomorrow's CPI release and Moody's subsequent reports, as macroeconomic surprises could instantly change the market direction.