162,000 new jobs in the U.S. in August just poured "cold water" on expectations that the Fed would ease interest rates in September!
An overheated labor market means the Fed is still maintaining a hawkish stance, putting pressure on global liquidity and triggering short-term selling pressure.
Although $BTC at the time of writing is still anchored around the $79.327 area, if you're trading futures, don't rush into FOMO or try to catch the bottom. Macro news-driven liquidity sweeps are always the most brutal liquidation traps.
My view right now: reduce leverage a bit, prioritize preserving capital, and patiently wait for a clear signal of supply-demand absorption from $BTC instead of trying to predict tops and bottoms.
Take a look at the chart $BTC below and see how buying and selling pressure looks! 👇
#Bitcoin #BTC #Phântích #Kinhtếvĩmô #Investing
An overheated labor market means the Fed is still maintaining a hawkish stance, putting pressure on global liquidity and triggering short-term selling pressure.
Although $BTC at the time of writing is still anchored around the $79.327 area, if you're trading futures, don't rush into FOMO or try to catch the bottom. Macro news-driven liquidity sweeps are always the most brutal liquidation traps.
My view right now: reduce leverage a bit, prioritize preserving capital, and patiently wait for a clear signal of supply-demand absorption from $BTC instead of trying to predict tops and bottoms.
Take a look at the chart $BTC below and see how buying and selling pressure looks! 👇
#Bitcoin #BTC #Phântích #Kinhtếvĩmô #Investing
