Tonight at 21:05, the “master signal” for the crypto market’s battle between bulls and bears is coming!
Last Friday’s shockingly weak nonfarm payrolls report (just 29,000 jobs added) sent the odds of an October rate hike crashing to rock bottom. Although the broader market rode the positive news of “rate-hike risks being priced out” to stage an early-session short squeeze and break through the $86,000 mark, the harsh reality is that Wall Street spot ETFs took hefty profits and weekly inflows plunged 97%—a sign that big money’s fear of an “economic cooldown (recession)” is spreading even at these elevated levels.
Both bulls and bears are waiting for a definitive signal—and tonight, the Fed’s No. 3, New York Fed President Williams, will step up and face the market!
As a permanent voting member with a vote at every meeting and a staunch Powell ally, Williams’ remarks tonight carry more weight than anyone’s except the Chair and Vice Chair:
If he sounds dovish (emphasizing the need to protect jobs): It would hint at a policy pivot, and BTC would likely seize the opportunity to launch a fresh, violent short squeeze, heading straight for the ultimate resistance zone at $87,200;
If he sounds hawkish (insisting inflation remains a concern): It would dampen rate-cut expectations. With recession fears compounded by the late-night time bomb of $1.11 billion in token unlocks, the broader market could easily see a brutal sell-off that liquidates both longs and shorts!$BTC $ETH #ADA涨10%突破0.27美元 #Circle7天在Solana铸造27.5亿美元USDC #美联储10月维持利率概率升至82.3%
Last Friday’s shockingly weak nonfarm payrolls report (just 29,000 jobs added) sent the odds of an October rate hike crashing to rock bottom. Although the broader market rode the positive news of “rate-hike risks being priced out” to stage an early-session short squeeze and break through the $86,000 mark, the harsh reality is that Wall Street spot ETFs took hefty profits and weekly inflows plunged 97%—a sign that big money’s fear of an “economic cooldown (recession)” is spreading even at these elevated levels.
Both bulls and bears are waiting for a definitive signal—and tonight, the Fed’s No. 3, New York Fed President Williams, will step up and face the market!
As a permanent voting member with a vote at every meeting and a staunch Powell ally, Williams’ remarks tonight carry more weight than anyone’s except the Chair and Vice Chair:
If he sounds dovish (emphasizing the need to protect jobs): It would hint at a policy pivot, and BTC would likely seize the opportunity to launch a fresh, violent short squeeze, heading straight for the ultimate resistance zone at $87,200;
If he sounds hawkish (insisting inflation remains a concern): It would dampen rate-cut expectations. With recession fears compounded by the late-night time bomb of $1.11 billion in token unlocks, the broader market could easily see a brutal sell-off that liquidates both longs and shorts!$BTC $ETH #ADA涨10%突破0.27美元 #Circle7天在Solana铸造27.5亿美元USDC #美联储10月维持利率概率升至82.3%
