US Economic Data Just Dropped, What it Means For Crypto🚨.
🔥 3 Key US Economic Events Today .
1. S&P/CS House Price Index:
Actual: 4.5% | Forecast: 4.6%
Result: Slightly weaker housing market 🏠❄️
Impact: Weak USD bias 💵↓ → Slightly Bullish for BTC/ETH ✅
2. JOLTS Job Openings (🔴 Red)
Forecast: 7.49M | Actual: 7.19M
Result: Labor market weakening 🧑🏭📉
Impact: Fed dovish bias → Bullish for BTC/ETH 🔥
3. CB Consumer Confidence (🟠 Orange)
Forecast: 87.7 | Actual: 86.0
Result: Weak consumer sentiment 😟
Impact: Risk-on move likely → Bullish for BTC/ETH 🟢
My Final Thoughts:
If all results come in below forecast, we may see a strong push on BTC/ETH, But the Technical is Still Not Giving Bullish Signal, So it's better not to trade today .
This move can be a trap, wait for next clean set up.
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