
#NFPTestsSeptHikeOdds
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About NFPTestsSeptHikeOdds
US August ISM manufacturing PMI fell to 54.6 from 55.6 in July, still above 50. July JOLTS openings were 7.27M, below the 7.31M consensus but up from June's revised 7.18M. The data are mixed: factory momentum slowed, but labor demand has not collapsed. CME pricing puts the chance of a 25bp September hike near 66%-66.9%. August payrolls arrive Sep 4 at 12:30 UTC. For BTC and equities, the key is whether the report reprices the dollar, Treasury yields and risk appetite.
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$BTC SEPTEMBER STARTS WITH A MACRO TEST
Bitcoin isn't struggling to find a direction because the market has forgotten how to move.
It's because traders are waiting for answers.
After the Jackson Hole remarks, expectations around September Fed policy shifted sharply. Now, this week's employment data could determine whether those expectations strengthen or begin to reverse.
Several important releases are coming one after another:
• JOLTS job openings
• ADP employment
• Initial jobless claims
• Nonfarm payrolls
Together, these numbers will give the market a clearer picture of whether the U.S. labor market remains resilient or is beginning to weaken.
And that's where the real Bitcoin connection comes in.
If employment remains stronger than expected, traders could interpret that as less urgency for easier monetary policy.
That could mean:
Stronger rate-hike expectations → higher Treasury yields → tighter financial conditions → more pressure on BTC and other risk assets.
But if employment deteriorates meaningfully, the market could start pricing a softer Fed stance.
The transmission could then move in the opposite direction:
Weaker labor data → lower rate expectations → improving liquidity sentiment → potential recovery in risk assets.
This is why I'm not putting too much weight on small intraday rebounds right now.
A green candle before the data doesn't necessarily mean the market has turned bullish.
A red candle doesn't necessarily mean the trend has collapsed.
Both sides have a reason to remain cautious.
Bulls don't want to chase into potentially hawkish data.
Bears don't want to build oversized positions before a number that could completely change expectations.
That creates the kind of environment where BTC can suddenly move hundreds or thousands of dollars without warning.
And with leverage involved, those moves can become even more aggressive.
For me, the priority right now is capital preservation.
If you're working with limited capital, there is little benefit in going all in before a major macro catalyst.
Bitcoin Is Holding $78K. Friday’s Jobs Report Could Decide What Comes Next.
$BTC is entering September with the market caught between strong August momentum and a much tougher macro environment.
Bitcoin gained roughly 23% in August, but failed to hold the move above $80K.
Now the next major catalyst is already on the calendar.
The U.S. jobs report.
My radar:
🟠 $BTC — $77K support, $79.4K–$80.8K resistance
🔵 $ETH — watching relative strength
🟣 $SOL — sensitive to liquidity
🟢 $XRP — watching institutional demand
The jobs report matters because the Federal Reserve is facing a difficult decision.
Markets are currently pricing around a 60% probability of a September rate hike after hawkish comments from Fed Chair Kevin Warsh.
But that expectation can change quickly if employment data comes in weaker than expected. 0
That is why Friday's number could become the next major trigger for risk assets.
A weak jobs report could reduce rate-hike expectations.
Lower rate expectations could support liquidity.
And that could give Bitcoin another opportunity to challenge $80K.
But a stronger-than-expected labor report could have the opposite effect.
Higher rate expectations.
Higher yields.
More pressure on risk assets.
That is the macro battle happening underneath the chart.
Technically, the structure is still clear.
Buyers defended the $77K area.
But sellers continue to appear around $80K.
Bitcoin is therefore sitting between important support and resistance while the market waits for a catalyst. 1
There is also an interesting institutional signal.
U.S. spot Bitcoin ETFs attracted around $924M between August 24 and 28.
Yet price still failed to break $80K.
That suggests strong demand is being met by significant selling pressure.
This is where $ETH becomes interesting.
Ethereum ETFs also attracted around $824M during the same period, showing that institutional demand is not limited to Bitcoin.
#LaborMarketTestsWalsh #BTCGoldCorrelation #BTCGoldCorrelation

🚨 BTC ISN’T WAITING FOR THE NFP — THE MARKET IS ALREADY BRACING FOR THE FED’S NEXT MOVE.
The panic is starting before the data even drops.
Over the past few days, one thing has become clear:
Traders aren’t really trading the Non-Farm Payrolls anymore.
They’re trading their expectations of what the Fed will do after the numbers come out.
#DailyOrbit
$BTC 9.1 Two nuclear-level bearish factors
1. The probability of a rate hike in September reaches 55%. Even if there is no hike in September, the probability of at least one rate hike this year is as high as 72%;
2. Even more bearish is the midterm election in November, with the Democrats having a 90% chance of taking the House of Representatives and a 50/50 chance in the Senate. At that time, crypto legislation will scrutiny.#LaborMarketTestsWalsh #BTCGoldCorrelation #BroadcomDellAIResults
The closer to Nonfarm Payroll day, the greater the volatility
$BTC repeatedly surged to 79000
$ETH is suppressed at 2500
Everything seems to be waiting for an outbreak
Volatility has started to increase these past two days
Firstly, the Middle East geopolitical issues, secondly Nonfarm Payroll and CPI
The market believes that Walsh is "verbally tough, but dovish in action"
It is highly likely that in September there#BroadcomDellAIResults
#LaborMarketTestsWalsh #BTCGoldCorrelation
BTC IS SHOWING SURPRISING STRENGTH DESPITE MACRO HEADWINDS. 📊
CME data now puts the probability of a September rate hike at 65.4%, nearly double the 35% seen before Warsh’s speech.
Historically, a macro shift this bearish would likely have triggered a sharp BTC sell-off—at least a 5% move initially.
But this time, BTC held up. It dipped to around $77,396 before quickly bouncing back.
#LaborMarketTestsWalsh
#BTCGoldCorrelation
#BroadcomDellAIResults
WHAT THE DATA IS SAYING 👇
1. **Market Cap**: Rs 737.48T +1.85%
Slow grind up. No euphoria yet.
2. **Turnover**: Rs 21.61T +20.99%
Big jump. Means traders are active again after 2 weeks of chop.
3. **BTC Dominance**: 59.13%
Alts still waiting. Capital concentrated in BTC.
**Catalyst Watch:**
US Non Farm Payrolls on Sep 4
Jobs data → Rate cut expectations → $BTC volatility
Until NFP, expect range trading.
#LaborMarketTestsWalsh #BTCGoldCorrelation #BroadcomDellAIResults
[Pharaoh’s Market Watch]
A major U.S. jobs-data week is approaching, and $BTC could face another important test around the $80K support zone. 👀
Following Walsh’s hawkish tone at Jackson Hole, stronger-than-expected economic data could reduce expectations for rate cuts and keep pressure on risk assets.
For Bitcoin, the key question is whether $80K can hold if macro conditions turn less favorable.
#LaborMarketTestsWalsh #BTCGoldCorrelation #BroadcomDellAIResults
🔥 #LaborMarketTestsWalsh
The labor market could become one of September’s biggest market catalysts.
If employment data continues to weaken, expectations for easier Fed policy could rise.
That could shift liquidity back toward risk assets, including crypto.
$BTC needs to prove it can benefit from that rotation.#LaborMarketTestsWalsh #BTCGoldCorrelation #BroadcomDellAIResults
🚨 Friday’s NFP could decide Bitcoin’s next move.
Forget the noise. One number matters this week: U.S. jobs data. 👀
📉 Strong NFP → Fed cut hopes fade → BTC could slide toward $75K–$72K
😐 In-line NFP → expect volatility, but direction may stay unclear.
Buckle up. Friday could get wild. ⚡
#DailyOrbit