#bitcoinethereumhitmultimonthhighs
— BTC & ETH hit multi-month highs — then the jobs report pulled them back
🎯 The tape:
₿ BTC smashed to $82,262 on Sept 3 — highest since May, a clean ~4-month breakout above the $80K wall. Now ~$79.7K after Friday's NFP shocker.
Ξ ETH reclaimed $2,500 (high ~$2,546) for the first time since summer; now ~$2,458 . Still +70% off its ~$1,506 June low.
🔍 What powered the rally:
🏛️ Fed's Waller hinted at "holding" rates on Sept 3 → hike odds cratered, risk-on erupted
💵 Institutional flows went vertical : spot BTC ETFs drew $731M on Sept 3 — best day since January (IBIT ~$454M); ETH ETFs ~$141M. Even on Friday's red day: +$174.6M — the bid paused, didn't break
💥 Short squeeze : $80K break flushed ~$415M+ of shorts
🛡️ BTC trading as "amplified gold" — 90-day gold correlation at a 6-year high
🧠 Then Friday flipped it: NFP +162K (3× forecast) → hike odds back to ~60% → BTC lost $80K, bounced to high-$79Ks.
🗺️ Levels: BTC — $78–79K support , must reclaim $80K then clear $82–82.8K for $85K+ · ETH — hold $2,431–2,450 , flip $2,506–2,547 for $2,700.
⏭️ Next triggers: CPI Sept 11 → FOMC Sept 15–16 → CLARITY vote Sept 15.
Bottom line: June's bear-market lows are behind them, but $80K (BTC) / $2,500 (ETH) are now the lines in the sand — hold them and the breakout is alive into CPI.
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustAvgHourlyEarningsRise3.1%
— BTC & ETH hit multi-month highs — then the jobs report pulled them back
🎯 The tape:
₿ BTC smashed to $82,262 on Sept 3 — highest since May, a clean ~4-month breakout above the $80K wall. Now ~$79.7K after Friday's NFP shocker.
Ξ ETH reclaimed $2,500 (high ~$2,546) for the first time since summer; now ~$2,458 . Still +70% off its ~$1,506 June low.
🔍 What powered the rally:
🏛️ Fed's Waller hinted at "holding" rates on Sept 3 → hike odds cratered, risk-on erupted
💵 Institutional flows went vertical : spot BTC ETFs drew $731M on Sept 3 — best day since January (IBIT ~$454M); ETH ETFs ~$141M. Even on Friday's red day: +$174.6M — the bid paused, didn't break
💥 Short squeeze : $80K break flushed ~$415M+ of shorts
🛡️ BTC trading as "amplified gold" — 90-day gold correlation at a 6-year high
🧠 Then Friday flipped it: NFP +162K (3× forecast) → hike odds back to ~60% → BTC lost $80K, bounced to high-$79Ks.
🗺️ Levels: BTC — $78–79K support , must reclaim $80K then clear $82–82.8K for $85K+ · ETH — hold $2,431–2,450 , flip $2,506–2,547 for $2,700.
⏭️ Next triggers: CPI Sept 11 → FOMC Sept 15–16 → CLARITY vote Sept 15.
Bottom line: June's bear-market lows are behind them, but $80K (BTC) / $2,500 (ETH) are now the lines in the sand — hold them and the breakout is alive into CPI.
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustAvgHourlyEarningsRise3.1%