$BTC just broke below yesterday’s low, while U.S. stock futures weakened in tandem. The sell-off hit in the minutes before the jobless claims release.
Binance spot prices are currently around 72481 for BTC, down about 1.97% over 24 hours; $ETH is around 2003, down about 2.55%. Today’s highs remain around 74811 / 2104 from overnight, but the lows have already reached around 72234 / 1988—below the roughly 73280 seen in the evening, and below yesterday’s lows of about 72727 / 2006. Prices started breaking down around 19:30, and the 21:00 15-minute candle saw a spike in volume that set new lows.
U.S. stock futures also weakened around the same time (AtlasVector, approximately 21:17 Beijing time): S&P 500 around 7575 (-0.85%), Nasdaq 100 around 28037 (-1.53%), and Dow around 52331 (-0.47%). The Nasdaq fell further. Initial jobless claims are due at 21:30 tonight (Trading Economics consensus: around 195,000, previous: 189,000), followed by the U.S. market open at 22:30. PPI is due at the same time tomorrow.
Would you first watch to see whether jobless claims come in above 195,000, or whether BTC’s low tonight around 72234 gets bought back immediately?
Data sources: Binance spot, AtlasVector, Trading Economics. Not investment advice.
#初请失业金 #USStockFutures
Binance spot prices are currently around 72481 for BTC, down about 1.97% over 24 hours; $ETH is around 2003, down about 2.55%. Today’s highs remain around 74811 / 2104 from overnight, but the lows have already reached around 72234 / 1988—below the roughly 73280 seen in the evening, and below yesterday’s lows of about 72727 / 2006. Prices started breaking down around 19:30, and the 21:00 15-minute candle saw a spike in volume that set new lows.
U.S. stock futures also weakened around the same time (AtlasVector, approximately 21:17 Beijing time): S&P 500 around 7575 (-0.85%), Nasdaq 100 around 28037 (-1.53%), and Dow around 52331 (-0.47%). The Nasdaq fell further. Initial jobless claims are due at 21:30 tonight (Trading Economics consensus: around 195,000, previous: 189,000), followed by the U.S. market open at 22:30. PPI is due at the same time tomorrow.
Would you first watch to see whether jobless claims come in above 195,000, or whether BTC’s low tonight around 72234 gets bought back immediately?
Data sources: Binance spot, AtlasVector, Trading Economics. Not investment advice.
#初请失业金 #USStockFutures