My past self was crazy about KFC Thursday deals, Luckin Coffee discount coupons, big delivery discounts, and going to internet cafés for “100 gives 100” offers, etc.!!
Now my self sees that the CPI data is in line with expectations, the probability of the Clear Act passing is clear, the likelihood of further rate hikes, whether ETF funds will enter the market, the geopolitical issues between Iran and the U.S., and whether non-farm payroll data is a positive catalyst.
In the end, I found; the news flow now is increasingly like it’s writing the script for the price action.
Last night, ADP was only 38,000, below the expected 48,000—employment continues to cool. Meanwhile, G20 also released a clear signal that regulation of digital assets is trending toward being more explicit. And yet, these kinds of messages all show up right when key headlines are about to drop—BTC just won’t move down. ETH also started to come back with a V-shape!
But don’t rush to regret it. The real big test is this Friday’s non-farm payrolls, which is also the last major employment data set before the September FOMC. The market is already pricing in rate-cut expectations. If non-farm payrolls stays weak, the upside rebound space for BTC and ETH will naturally open up. On the flip side, if the data is too strong, I guess it’ll get hit again.
For BTC, I’m still only watching 770 and 778; if it breaks above 778, then we look at 792; if it breaks below 770, it stays in a weak range-bound consolidation. As long as 755 doesn’t break, I won’t short.
ETH is the same for now—don’t rush to call for 2000–2200 yet. First, see whether this non-farm payrolls actually gives bulls a continuation of life. $ETH $BTC
#币圈生存法则
#小白必看
#新手必看
Now my self sees that the CPI data is in line with expectations, the probability of the Clear Act passing is clear, the likelihood of further rate hikes, whether ETF funds will enter the market, the geopolitical issues between Iran and the U.S., and whether non-farm payroll data is a positive catalyst.
In the end, I found; the news flow now is increasingly like it’s writing the script for the price action.
Last night, ADP was only 38,000, below the expected 48,000—employment continues to cool. Meanwhile, G20 also released a clear signal that regulation of digital assets is trending toward being more explicit. And yet, these kinds of messages all show up right when key headlines are about to drop—BTC just won’t move down. ETH also started to come back with a V-shape!
But don’t rush to regret it. The real big test is this Friday’s non-farm payrolls, which is also the last major employment data set before the September FOMC. The market is already pricing in rate-cut expectations. If non-farm payrolls stays weak, the upside rebound space for BTC and ETH will naturally open up. On the flip side, if the data is too strong, I guess it’ll get hit again.
For BTC, I’m still only watching 770 and 778; if it breaks above 778, then we look at 792; if it breaks below 770, it stays in a weak range-bound consolidation. As long as 755 doesn’t break, I won’t short.
ETH is the same for now—don’t rush to call for 2000–2200 yet. First, see whether this non-farm payrolls actually gives bulls a continuation of life. $ETH $BTC
#币圈生存法则
#小白必看
#新手必看
