The data that everyone is most concerned about is here! The current unemployment data in the United States, come and take a look!
Please see the screenshot for the data
From this data, the number of first-time applicants for benefits is higher than 21.5, which is positive, and lower than 21.5, which is negative. Because the current logic is that the job market is hot and inflation is rising, so the reduction in employment is conducive to suppressing inflation and the Fed's interest rate cuts.
Currently, the first unemployment benefits are lower than expected, which is slightly negative. However, the ADP data on September 15 is positive, and the two offset each other, so it should be okay.
There is a high probability that there will be a pin-point correction tonight, and then continue to rise! Pay attention to the risk! #加密市场回调 #美国非农数据即将公布 #BNB纳入不丹GMC加密战略储备 #特朗普上台概念币有哪些? #特朗普上台概念币有哪些?
Market analysis and operation suggestions! Is today's non-agricultural data bullish or bearish?
After three trading days of decline, Bitcoin shows signs of stopping its decline in the short term. From the 4-hour chart, BTC has strongly broken through the $96,000 level. If it fails to break through the upper resistance, there is a high probability that BTC will test the support of $91,000 again. I have emphasized many times before that BTC$91,000 is the watershed between bulls and bears. Once this line is strongly penetrated at the four-hour level, BTC will test the strength and weakness dividing line below $85,000. From the daily level, after BTC has strongly broken through $96,000, I personally think it will be difficult for it to strongly repair this line in the short term. This is because the bullish power of BTC has weakened, the buying power of the market has been greatly reduced, and the bearish sentiment in the market is very serious.
Don't miss the opportunity to make money~XRP Ripple, you deserve it! Be sure to allocate a little when it falls back
Now let's talk about the bullish coin in this round of bull market: XRP
1️⃣ Introduction to XRP XRP is the native token of the XRP ledger, and its goal is to replace Bitcoin and establish a trustless, instant and cheap cross-border payment network. Like Bitcoin, XRP relies on a public ledger called the XRP ledger to store transaction details. Unlike Bitcoin and its proof-of-work consensus protocol, the XRP ledger utilizes a consensus mechanism based on the Federated Byzantine Agreement (FBA) model. The XRP ledger reaches consensus and maintains the transaction ledger in record time through trusted verification nodes, about once every 3 to 5 seconds.
2️⃣ Recent positive information about XRP Ripple 1. Bank of America uses XRP for internal transactions and has filed 83 patents related to XRP.
2. According to Whale Alert monitoring, 300,000,000 XRP (worth about $682,584,540) were transferred from Ripple to an unknown wallet at around 04:16 Beijing time today.
3. Ripple President Monica Long said in an interview on Tuesday that the XRP ETF may soon be realized because favorable US cryptocurrency legislation will greatly benefit domestic companies.
4. Ripple President: Stablecoin RLUSD will soon be listed on major cryptocurrency exchanges
5. Ripple cooperates with Chainlink to promote the adoption of stablecoin RLUSD
3️⃣Recently, the daily 24-hour trading volume has increased dramatically, reaching tens of billions
For Ripple, buy small when it drops slightly, buy large when it drops sharply, and hold it with confidence! Get the peak of the bull market!
Follow me, let me, who has been focusing on crypto investment research for 10 years, illuminate your investment journey in the currency circle!
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
1. Strong U.S. Economic Data 📊💵: Positive job reports and strong economic indicators lowered hopes for Fed rate cuts, reducing interest in risky assets like crypto.
2. Tighter Regulations ⚖️🚨: Push for stricter rules to curb scams and fraud in the crypto space is making investors cautious.
3. Institutional Selling 🐋💔: Large-scale sell-offs by major holders (whales) have triggered panic selling across the market.
4. Weak Liquidity 🌊❌: Low trading volumes mean even small sell-offs cause significant price drops.
5. Historical Trends ⏳📉: Bitcoin typically sees January declines after U.S. elections, adding to bearish sentiment.
6. Equity Market Impact 📉💔: Stock market weakness spills over into crypto, as investors retreat from riskier assets.
7. Macro Uncertainty 🌍❓: Global concerns about inflation, interest rates, and economic growth weigh on investor confidence.
My dears, please have a good rest at night. There is no clear signal to stop the decline yet, so we can only wait and see. Sister Bei will go to bed early at night. No more staying up late. $BTC $ETH $BNB #加密市场回调 #币安Alpha上新 #DeFAI热点 #晒交易赢奖励 #BNB纳入不丹GMC加密战略储备
First, let me share the market trend: 1️⃣ BTC 4-hour K-line trend: Resistance level above: around 97685 to 99900 Support level below: around 94350 to 95530 If this support level is broken, it may go to around 90,000 USD! Be sure to defend well! 2️⃣ ETH 4-hour K-line trend: Resistance level above: around 3450 to 3500 Support level below: around 3310 to 3380 Technical analysis: First, the 4-hour K-line of Bitcoin shows a shrinking rise! The 4-hour K-line experienced a top divergence yesterday, with the price deeply retracing and breaking below the support level of the price channel around 97700. Currently, it is still fluctuating at the high point of the price channel, and the trading volume performance is poor, with weak rebounds. Please pay attention to the pressure level of the price channel around 97970. The current market has not yet stabilized, so do not blindly chase highs, and be cautious of risks! Currently, this is a rebound after a decline, and there is still a possibility of a second bottom test!