Non-farm payrolls have arrived—what should BTC watch tonight? 】
At 20:30 Beijing time on October 2, the United States non-farm payroll data for September was released.
Non-farm payrolls beat expectations → hiring resilience stayed strong → expectations shifted toward rate cuts/higher rates from the Federal Reserve → US Treasury yields rose → 🔴 Bitcoin came under pressure
Non-farm payrolls were weaker than expected → hiring slowed → interest-rate pressure eased → risk assets gained support → Bitcoin is optimistic 🟢
What really matters isn’t just the number of new jobs, but also considering:
(1) the unemployment rate
(2) average hourly earnings
(3) revisions to the previous value
(4) US Treasury yields
Right now, BTC is in a critical position, and volatility is likely to increase after the non-farm payrolls are announced.
In short: strong non-farm payrolls carry risks, while weak non-farm payrolls are favorable for opportunities. Don’t focus on just one figure.
#10月加息预期回落、今晚PCE测试是关键
#财报观察员: Micron’s earnings report is coming up, and demand for AI storage is becoming the focus
#本周迎非农与PCE关键数据
#BTC $BTC
At 20:30 Beijing time on October 2, the United States non-farm payroll data for September was released.
Non-farm payrolls beat expectations → hiring resilience stayed strong → expectations shifted toward rate cuts/higher rates from the Federal Reserve → US Treasury yields rose → 🔴 Bitcoin came under pressure
Non-farm payrolls were weaker than expected → hiring slowed → interest-rate pressure eased → risk assets gained support → Bitcoin is optimistic 🟢
What really matters isn’t just the number of new jobs, but also considering:
(1) the unemployment rate
(2) average hourly earnings
(3) revisions to the previous value
(4) US Treasury yields
Right now, BTC is in a critical position, and volatility is likely to increase after the non-farm payrolls are announced.
In short: strong non-farm payrolls carry risks, while weak non-farm payrolls are favorable for opportunities. Don’t focus on just one figure.
#10月加息预期回落、今晚PCE测试是关键
#财报观察员: Micron’s earnings report is coming up, and demand for AI storage is becoming the focus
#本周迎非农与PCE关键数据
#BTC $BTC