🔥 Tonight's Nonfarm Payrolls + Rate Hike Expectations, BTC and ETH Reach Another Critical Point! $BTC $ETH
📊 September Nonfarm Payrolls will be released tonight, and the market is waiting for this data to set the tone for the Fed's next policy move. Currently, the market expects a slowdown in employment growth, with the unemployment rate holding around 4.1%. The nonfarm results could directly impact rate hike expectations for October. 
₿ BTC: Recently, capital flows have diverged. On October 1, the US spot BTC ETF saw a net inflow of about $103 million, while the ETH ETF had a net outflow of about $55.37 million. 
🔴 ETH: Capital enthusiasm is temporarily weaker than BTC; in the short term, it is important to watch whether ETF funds flow back in.
💥 Next, the market will focus on two variables:
Nonfarm data + US Treasury yields!
If employment cools significantly ➡️ rate hike expectations further cool ➡️ risk assets may get some breathing room 📈
If employment far exceeds expectations ➡️ rate hike expectations heat up ➡️ BTC and ETH may face short-term pressure 📉
👀 Tonight is destined to be a tough battle between bulls and bears
📊 September Nonfarm Payrolls will be released tonight, and the market is waiting for this data to set the tone for the Fed's next policy move. Currently, the market expects a slowdown in employment growth, with the unemployment rate holding around 4.1%. The nonfarm results could directly impact rate hike expectations for October. 
₿ BTC: Recently, capital flows have diverged. On October 1, the US spot BTC ETF saw a net inflow of about $103 million, while the ETH ETF had a net outflow of about $55.37 million. 
🔴 ETH: Capital enthusiasm is temporarily weaker than BTC; in the short term, it is important to watch whether ETF funds flow back in.
💥 Next, the market will focus on two variables:
Nonfarm data + US Treasury yields!
If employment cools significantly ➡️ rate hike expectations further cool ➡️ risk assets may get some breathing room 📈
If employment far exceeds expectations ➡️ rate hike expectations heat up ➡️ BTC and ETH may face short-term pressure 📉
👀 Tonight is destined to be a tough battle between bulls and bears
