sherry18

GM Market Briefing☕ Wednesday, July 1 2026 $BTC Outlook (UTC 0): 🟩00:00–09:00 → Green => Asian session short-squeeze from 58.2k. Extreme oversold RSI at 29 triggers a mechanical relief bounce towards 59k, but volume is thin and conviction is low. 🟨09:00–11:00 → Yellow => London open. No fresh catalysts. Traders are positioning ahead of the US data dump. Sideways drift with zero directional commitment. 🟨11:00–15:00 => Yellow => Data hits at 12:15 and 14:00 UTC. ADP forecast to cool from 122K to 118K, a mild dovish signal. ISM Prices expected to crash from 82.1 to 77.7, a disinflationary shock. This should weaken the DXY and provide a short-term bid, but any upside is a dead cat bounce in a structurally bearish market. 🟥15:00–18:00 => Red => US session continuation. The initial relief fades as markets remember the Bessent leak that tomorrows NFP will explode higher. The realisation that the Fed cannot cut with a hot NFP prints triggers a fresh wave of selling, pushing BTC back towards 58k. 🟥18:00–00:00 => Red => Late US close. Profit-taking on the bounce turns into aggressive shorting ahead of the NFP. Sellers step in aggressively, dragging price down towards the 57k zone. Bias: Bearish RSI: 29.93 #NFA #DYOR 🔥 Not a futures signal🛑 📉 Bessent leak confirms NFP is set to explode tomorrow, killing any remaining hopes of a near-term Fed pivot. 🏛️ Kevin Warsh remains staunchly hawkish, and geopolitics keep the stagflation premium elevated. ⛽ Strait of Hormuz toll-free expiry in 60 days signals oil bull run ahead, adding to inflationary pressure. 📊 RSI at 29 is oversold, but oversold can persist in a strong bearish trend. ADX still confirms sellers are in control. 💎 Strategy: No long positions. Any relief bounce towards 59.5k is a selling opportunity. Stay short or stay flat. Avoid buying the dip until we see a clean break above 61k, which is unlikely with NFP looming. $ARB $POL #BitcoinSlidesTo$59250 #jolts #ADP #crudeoil