$BTC $ETH $SOL
Yesterday, BTC fell from around $81,131 to around $75,431—a drop of about $5,700 in a day. Today, it stayed above $75,000 all day: BTC is around $76,035.
It was around $75,960 in the morning, $75,556 at noon, and $76,035 in the evening. All day, it hovered just a few hundred dollars above $75,000.
The 24-hour low was around $75,035, just $35 above $75,000, so that level held today.
ETH is around $2,240 and SOL around $90.4. They held steady too, without making new lows.
Honestly, not making a new low on the first day after a drop is a signal in itself: selling pressure is easing, but no one dares to bet ahead of time.
That’s because the nonfarm payrolls report is due tonight at 21:30. Expectations are for around 65,000 new jobs and an unemployment rate of 4.2%. It’ll be released in just over an hour.
Let’s see which way the market moves after the data comes out: a move back above $77,000 would give short-term weakness some breathing room; a drop below $75,000 would take weakness down another level.
Just my personal opinion, not investment advice. I’ll follow up as soon as the data comes out—follow me for the next update.
Yesterday, BTC fell from around $81,131 to around $75,431—a drop of about $5,700 in a day. Today, it stayed above $75,000 all day: BTC is around $76,035.
It was around $75,960 in the morning, $75,556 at noon, and $76,035 in the evening. All day, it hovered just a few hundred dollars above $75,000.
The 24-hour low was around $75,035, just $35 above $75,000, so that level held today.
ETH is around $2,240 and SOL around $90.4. They held steady too, without making new lows.
Honestly, not making a new low on the first day after a drop is a signal in itself: selling pressure is easing, but no one dares to bet ahead of time.
That’s because the nonfarm payrolls report is due tonight at 21:30. Expectations are for around 65,000 new jobs and an unemployment rate of 4.2%. It’ll be released in just over an hour.
Let’s see which way the market moves after the data comes out: a move back above $77,000 would give short-term weakness some breathing room; a drop below $75,000 would take weakness down another level.
Just my personal opinion, not investment advice. I’ll follow up as soon as the data comes out—follow me for the next update.
