🚨 Economic Alert: The U.S. unemployment rate is expected to rise to 4.1%, while non-farm payrolls (NFP) may come in around ~120,000 — significantly below the consensus of 175,000. This would put strong pressure on the Fed to cut interest rates as early as September to support the weakening economy.
💸 As soon as the Fed signals monetary easing, risk assets like crypto will likely be the first to react.$BTC could surge, triggering a broader altcoin rally — with $AAVE positioned as a key beneficiary due to its current technical consolidation near the 4H EMA99 zone ($262–266).
📊 Technical indicators show that AAVE is maintaining its bullish structure: RSI(12) remains above the neutral zone, and the MACD is close to making a bullish crossover. The recent pullback appears to be a “shakeout” to flush out weak leveraged Longs — setting the stage for a breakout above $274 and a potential move toward the $300–330 zone in the near future.
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