Crazy ‼️🤯🚨 U.S. JOBS JUST COLLAPSED - IS $BTC ABOUT TO EXPLODE OR TRAP EVERYONE? ‼️🚨
Let's Discuss In detail 🗿
Bitcoin is currently trading around $65,200, and the short-term structure remains bullish.
BTC has broken above the $64,700–$64,900 resistance zone, while the 1H and 4H charts continue to form higher lows..
Immediate upside targets:
$65,500
$66,000
$66,200
$66,900
Yesterday We took long from 64k demand ..And that was a good decision ..Keep booking partial profit in that trade .
However, BTC is already extended, so chasing the current pump is risky. A pullback and successful hold around $64,650 is possible .A loss of $64,150 would weaken the breakout structure.
🚨 U.S. PAYROLL DATA SHOCKS THE MARKET
The actual payroll number came in at -23,000, while the market expected +85,000. The previous reading was +20,000.
Easy example: the market expected 85,000 new jobs to be created, but instead the economy lost 23,000 jobs.
This is a massive miss and shows that the U.S. labor market is much weaker than expected.
Weak employment data may reduce the pressure on the Federal Reserve to keep rates high. However, the number is extremely weak, so recession fears could still produce aggressive volatility and sudden dumps before the market chooses its real direction.
Do not chase the first news candle.
⚠️ CLARITY BILL FOMO MAY DISAPPOINT RETAILERS
Many retail traders are also buying crypto because they expect the Clarity Bill to pass quickly. However, the probability being discussed is only around 30%.
If the bill is delayed or fails to move forward, FOMO buyers may become disappointed and start taking profits.
BTC structure is still bullish, and the weak payroll report initially supports risk assets but recession fears and Clarity Bill uncertainty can create sharp two-sided volatility. Protect profits and wait for confirmation instead of entering emotionally.
So prefer buying the dips in spot today
$SOL is very nice investment right now or spot buying
$ETH is not looking much interesting.
Let's Discuss In detail 🗿
Bitcoin is currently trading around $65,200, and the short-term structure remains bullish.
BTC has broken above the $64,700–$64,900 resistance zone, while the 1H and 4H charts continue to form higher lows..
Immediate upside targets:
$65,500
$66,000
$66,200
$66,900
Yesterday We took long from 64k demand ..And that was a good decision ..Keep booking partial profit in that trade .
However, BTC is already extended, so chasing the current pump is risky. A pullback and successful hold around $64,650 is possible .A loss of $64,150 would weaken the breakout structure.
🚨 U.S. PAYROLL DATA SHOCKS THE MARKET
The actual payroll number came in at -23,000, while the market expected +85,000. The previous reading was +20,000.
Easy example: the market expected 85,000 new jobs to be created, but instead the economy lost 23,000 jobs.
This is a massive miss and shows that the U.S. labor market is much weaker than expected.
Weak employment data may reduce the pressure on the Federal Reserve to keep rates high. However, the number is extremely weak, so recession fears could still produce aggressive volatility and sudden dumps before the market chooses its real direction.
Do not chase the first news candle.
⚠️ CLARITY BILL FOMO MAY DISAPPOINT RETAILERS
Many retail traders are also buying crypto because they expect the Clarity Bill to pass quickly. However, the probability being discussed is only around 30%.
If the bill is delayed or fails to move forward, FOMO buyers may become disappointed and start taking profits.
BTC structure is still bullish, and the weak payroll report initially supports risk assets but recession fears and Clarity Bill uncertainty can create sharp two-sided volatility. Protect profits and wait for confirmation instead of entering emotionally.
So prefer buying the dips in spot today
$SOL is very nice investment right now or spot buying
$ETH is not looking much interesting.