🚨Important 🚨
Guys, keep an eye on the fundamentals today as well.
The market is not moving only on charts right now. Macro news and geopolitical updates are also having a strong impact, so there is no need to rush into aggressive entries.
Today’s employment data also came weaker than expected. In simple words, this shows that the U.S. labor market is slowing a bit. Normally, weaker jobs data can reduce pressure on the Fed to stay too aggressive with rates, which can be supportive for BTC and other risk assets. But one data point alone is not enough, so we still need to see how the market reacts.
At the same time, the oil/Iran situation is keeping the market very sensitive, so BTC can make sudden moves in either direction.
For now, keep leverage under control, don’t overtrade, and avoid unnecessary positions.
Friday’s NFP is also important, so volatility can stay high over the next couple of days.
I’m watching everything closely. If I find a clean setup, I’ll update on time.
$BTC $CL $XAU
#SolanaFallsOver3% #DellSurges8%OnEarningsBeat #USAugADPJobsSmallestGainSinceJan #SaudiSaysIranAttackedShipInHormuz #OpenAISaysAstraFindsFlawsAutonomously
Guys, keep an eye on the fundamentals today as well.
The market is not moving only on charts right now. Macro news and geopolitical updates are also having a strong impact, so there is no need to rush into aggressive entries.
Today’s employment data also came weaker than expected. In simple words, this shows that the U.S. labor market is slowing a bit. Normally, weaker jobs data can reduce pressure on the Fed to stay too aggressive with rates, which can be supportive for BTC and other risk assets. But one data point alone is not enough, so we still need to see how the market reacts.
At the same time, the oil/Iran situation is keeping the market very sensitive, so BTC can make sudden moves in either direction.
For now, keep leverage under control, don’t overtrade, and avoid unnecessary positions.
Friday’s NFP is also important, so volatility can stay high over the next couple of days.
I’m watching everything closely. If I find a clean setup, I’ll update on time.
$BTC $CL $XAU
#SolanaFallsOver3% #DellSurges8%OnEarningsBeat #USAugADPJobsSmallestGainSinceJan #SaudiSaysIranAttackedShipInHormuz #OpenAISaysAstraFindsFlawsAutonomously
