When the broader environment shifts, watch the overall market first: $BTC , down 2.51% intraday.
U.S. initial jobless claims for the week ending October 10 came in at 199,000, versus expectations of 200,000. Policy sets the broader backdrop, but the market itself determines where things go from here.
For now, neither positive nor negative factors are clearly in the driver’s seat, so let the market speak for itself.