NFPwatch: Choppy waters or an opportunity?
NFPwatch is a hot topic across all kinds of forums. $BTC just saw an adjustment of -2.41%—many of you are probably worried. Breaking through resistance is one thing; holding steady is another.
After this NFP round, I’m watching a few things: will spot volume keep up with the momentum? Is ETF money still flowing or starting to slow down? How do the funding rate and open interest respond?
Don’t let FOMO get carried away by those bullish and bearish candles. Michael Saylor once said: look beyond the short-term cycle. What do you think—will the market find a new point of balance?
Reference information only, not investment advice. DYOR.
#BTC #nfpwatch #BitcoinFundingRateTriplesTo10%
NFPwatch is a hot topic across all kinds of forums. $BTC just saw an adjustment of -2.41%—many of you are probably worried. Breaking through resistance is one thing; holding steady is another.
After this NFP round, I’m watching a few things: will spot volume keep up with the momentum? Is ETF money still flowing or starting to slow down? How do the funding rate and open interest respond?
Don’t let FOMO get carried away by those bullish and bearish candles. Michael Saylor once said: look beyond the short-term cycle. What do you think—will the market find a new point of balance?
Reference information only, not investment advice. DYOR.
#BTC #nfpwatch #BitcoinFundingRateTriplesTo10%
