Post
_Selene_
☀️ GM
Weak jobs data, yet BTC longs still got liquidated. Why?
🇺🇸 NFP: +29K vs. 84K–90K forecast
📊 Unemployment: 4.2%
💵 Wage growth: +3.0% YoY
🔻 Revisions: −60K combined
$BTC initially spiked as the data looked supportive for risk assets, but more than $326M was liquidated, mostly longs.
Thin liquidity amplified the move. After the rally approached $87K, selling pressure
📌 Lesson: weak data ≠ guaranteed BTC upside.
#USNFPDataCools #BTCETHETFOutflows #BTC #Bitcoin #dailyorbit
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$85,250.1+0.00%
ETH/USDTEthereum
$2,701.68+0.01%
ZEC/USDTZcash
$1,330.07+0.02%
Today’s market buzz
1#FedECBMeetingMinutes
2#BTCETHETFFlowsDiverge
3#BessentTreasuryYields
