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Hashmeta_x
Hashmeta_x
GM ☀️ Weak jobs data. BTC longs still got liquidated. Why? September NFP: +29K vs 84K–90K forecast. Unemployment: 4.2%. Wage growth: +3.0% YoY. Revisions: −60K combined. The data was bullish for risk assets on paper. $BTC spiked to 84,000. Over $326M liquidated, mostly longs. The spike was the trap. Thin weekend liquidity meant the move up was driven by stops and momentum chasers, not real spot demand. Once it tagged $87K, sellers were waiting. #USNFPDataCools #BTCETHETFOutflows

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