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Several coins are showing RSI alignment across multiple timeframes (15M → 1H → 4H → higher TFs), signaling strong momentum continuation rather than random spikes.
Key takeaway: When RSI stays above 70 across multiple timeframes, it confirms trend strength and continuation, not exhaustion. These coins are currently momentum leaders in the futures market.
Overall bias: ⚠️ Mixed → Slightly Negative for USD
Key results:
* Nonfarm Payrolls (Nov): 64K (below prior, weak job growth) ❌ * Unemployment Rate: 4.6% (higher than expected) ❌ * Average Hourly Earnings (MoM): Mixed, lower momentum ❌ * Retail Sales (MoM): Flat to soft ⚠️ * Core Retail Sales: Slightly better, but not strong enough ✅⚠️
Conclusion: Labor market is cooling and unemployment is rising, which reduces USD strength despite some resilience in consumption. This supports lower rate expectations.