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Mr. Fareed Ahmad 📊
📊 Don't Look Only at July NFP
The headline number is already shocking:
July NFP: -23K
But there's another number traders shouldn't ignore:
Previous payrolls were revised down by 103K.
That's important because it changes the story from:
“July was unexpectedly weak”
to:
“The labor market may have been weaker than previously believed.”
Unemployment fell slightly to 4.1%, but participation also declined to around 61.4%, so that headline improvement deserves context.
For $BTC and $ETH, I'm watching what happens next in:
• Treasury yields
• USD
• Fed expectations
• Equity futures
• Crypto positioning
The first headline creates volatility.
The revisions often change the bigger picture.
$BTC $ETH #NFP #Macro #FederalReserve #CryptoTrading$BTC $ETH #AIMemorySelloffEases #BTCETHETFInflowsReturn #SP500Eyes8000
Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше
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