🇺🇸 US UNEMPLOYMENT DATA — 8:30 AM ET
Expected: 4.5%
Previous: 4.6%
How markets may react:
• Below 4.5% (strong labor):
Risk-off knee-jerk possible. Rate-cut hopes get pushed back → pressure on equities and $BTC short term.
• At expectations (4.5%):
Likely chop. Markets stay data-dependent, waiting for the next macro catalyst.
• Above 4.6% (weaker labor):
Bullish for risk assets. Fuels rate-cut expectations → $BTC and high-beta assets could catch a fast bid.
My call:
Slight upside risk to volatility, not direction. Any deviation from expectations could trigger quick algos and sharp moves, especially in $BTC .
Trade the reaction, not the prediction. Risk management first.
BTC
70,325.31
+3.44%