10.3 Morning Express丨📝
$BTC is now around 84,500. After last night’s Non-Farm Payrolls data came out, it briefly surged to 87,200, but this morning it fell back to around 84,500. Also around $ETH 2600.
On the macro front: the U.S. dollar is above 102, hitting the highest level in a year since April last year. The U.S. military is sending a third aircraft carrier to the Middle East, potentially adding up to 10,000 troops. Trump stated that if Iran does not sign an agreement, it has no way out. Brent crude is at 101.5; the 10-year U.S. Treasury yield has peaked at 5.34, the highest level since 2002, closing at 5.25.
In the September Non-Farm Payrolls, the increase was only 29,000—far below expectations of 90,000. The unemployment rate rose to 4.2%, and the data for the prior two months was revised down. Treasury yields have eased to 5.15, and market expectations for an October rate hike have been cut directly to about 20%. Employment data is weaker, but with troop build-up in the Middle East and oil prices staying elevated, the pressure on long-duration bonds has not been fully removed.
87,000 is the strong resistance level for this week. Support is around 83,000; if it breaks below, the next target is 81,000.
Risk warning: This content is for market recap only and does not constitute investment advice
#比特币站上8.6万美元涨2.99%
$BTC is now around 84,500. After last night’s Non-Farm Payrolls data came out, it briefly surged to 87,200, but this morning it fell back to around 84,500. Also around $ETH 2600.
On the macro front: the U.S. dollar is above 102, hitting the highest level in a year since April last year. The U.S. military is sending a third aircraft carrier to the Middle East, potentially adding up to 10,000 troops. Trump stated that if Iran does not sign an agreement, it has no way out. Brent crude is at 101.5; the 10-year U.S. Treasury yield has peaked at 5.34, the highest level since 2002, closing at 5.25.
In the September Non-Farm Payrolls, the increase was only 29,000—far below expectations of 90,000. The unemployment rate rose to 4.2%, and the data for the prior two months was revised down. Treasury yields have eased to 5.15, and market expectations for an October rate hike have been cut directly to about 20%. Employment data is weaker, but with troop build-up in the Middle East and oil prices staying elevated, the pressure on long-duration bonds has not been fully removed.
87,000 is the strong resistance level for this week. Support is around 83,000; if it breaks below, the next target is 81,000.
Risk warning: This content is for market recap only and does not constitute investment advice
#比特币站上8.6万美元涨2.99%