🎬 A $29,000 (29,000 RMB) move made BTC surge to 87,000 in an instant—then, hours later, it gave back to 85,000.
This is the “three-act play” of Friday night’s Non-Farm Payrolls: first the celebration, then the reversal, and finally leaving you with a cliffhanger.
In December, will the Fed actually raise rates or not?
🎭 Act 1·A shock
September’s non-farm payrolls added only 29,000 versus the 90,000 expected, while the unemployment rate rose to 4.2%. A week earlier, the market had priced in roughly a 70% chance of a rate hike in October. After the data came out, the probability shifted—October holding rates steady rose to 86%.
🎉 Act 2·The rally
The Nasdaq rose more than 1.3%. Nvidia hit an all-time high. Gold and silver jumped over 1%. BTC briefly broke above 87,000.
🔄 Act 3·The reversal
But the bond market didn’t buy it. The 10-year yield first fell by nearly 10 basis points, then climbed back. The probability of a December rate hike still stands at about 63% to 64%. BTC then reversed course and retreated, back around 85,000.
🎯 The ending isn’t over: October is temporarily safe—December is the real test. Next week, watch the 10-year yield. Resistance for BTC is at 87,239; support is at 85,000 and 84,017.
Do you think the Fed will raise rates in December? Reply in the comments with A = yes / B = no
$BTC C $ETH $SOL #非农 #美联储何时降息？
This is the “three-act play” of Friday night’s Non-Farm Payrolls: first the celebration, then the reversal, and finally leaving you with a cliffhanger.
In December, will the Fed actually raise rates or not?
🎭 Act 1·A shock
September’s non-farm payrolls added only 29,000 versus the 90,000 expected, while the unemployment rate rose to 4.2%. A week earlier, the market had priced in roughly a 70% chance of a rate hike in October. After the data came out, the probability shifted—October holding rates steady rose to 86%.
🎉 Act 2·The rally
The Nasdaq rose more than 1.3%. Nvidia hit an all-time high. Gold and silver jumped over 1%. BTC briefly broke above 87,000.
🔄 Act 3·The reversal
But the bond market didn’t buy it. The 10-year yield first fell by nearly 10 basis points, then climbed back. The probability of a December rate hike still stands at about 63% to 64%. BTC then reversed course and retreated, back around 85,000.
🎯 The ending isn’t over: October is temporarily safe—December is the real test. Next week, watch the 10-year yield. Resistance for BTC is at 87,239; support is at 85,000 and 84,017.
Do you think the Fed will raise rates in December? Reply in the comments with A = yes / B = no
$BTC C $ETH $SOL #非农 #美联储何时降息？