Unemployment benefits data will be released tomorrow night, and the market generally expects 210.0k.


Compared with the previous value of 202.0k, it should rebound, but the increase will not be large.
Strong data → rate cut expectations cool down → Bitcoin pressure
Weak data → rate cut expectations heat up → Bitcoin bounce
In line with expectations → range-bound trading, with limited impact
The key point is whether it can break the 200k–220k range, thereby prompting the Fed to change its rate cut expectations. Only if rate cuts move will that lead to a reversal in Bitcoin’s medium- to long-term trend. #BTC
BTC5.08%
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