$BTC
📊 Market Update | Macro Snapshot
🇺🇸 U.S. Economy Cooling
Unemployment rate rises to 4.6%, highest in 4 years
Nonfarm payrolls slow to 64K jobs, signaling weaker hiring
Wage growth cools to 3.5% YoY, easing inflation pressure
Retail sales remain flat, showing weaker consumer demand
📉 Market Reaction
Equity markets turn volatile, investors shifting to defensive assets
S&P 500 testing key support near 6800
High-valuation tech & AI stocks under pressure
🏦 Federal Reserve Outlook
Weak labor data increases expectations of rate cuts in 2025
Upcoming CPI data will be crucial for next market direction
📌 Trading Insight
If S&P 500 breaks below 6800, correction risk increases
Holding above support may boost risk-on sentiment
Traders should use tight stop-losses and manage risk carefully
🔍 Crypto Angle
A dovish Fed outlook could support Bitcoin & crypto markets
Watch macro data closely—volatility creates both risk & opportunity
📈 Stay alert. Trade smart.