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CPI hasn’t come out yet, and market sentiment can’t hold up first,
Panic is maxed out, and BTC is stuck in a back-and-forth grind between 70,000–72,000, while ETH is pressured below 2,200.
With the geopolitical situation also tightening, both bulls and bears are very cautious.
Non-Farm Payrolls outlook:
Data stronger than expected ➡️Negative impact probability is higher, and prices will be under pressure.
Employment is strong, inflation is hard to reduce, and rate cuts are delayed
Data weaker than expected ➡️A short-term rebound
Rate-cut expectations heat up again, and risk sentiment recovers
$ETH trend:
2300 isn’t that easy to break,
Most likely tonight will play out a back-and-forth sweep, with both bulls and bears blowing up in a double-crash scenario.
There are also US–Iran negotiations in the early morning, and the news flow is highly uncertain!
Stay steady as the main approach, don’t chase trades, and set a proper stop-loss #美伊停火协议谈判再生变故