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Non-farm payroll data far exceeded expectations, further fueling speculation of a September rate hike!

2026-09-04 13:55:52
Shareshare
The US August non-farm payrolls report, released tonight at 8:30 PM, showed an increase of 162,000 jobs, nearly three times the expected 56,000. Following the data release, CME's FedWatch tool showed the probability of a September rate hike rising from 52.4% to 60.3%. US stocks opened mixed, with the Dow Jones down 0.38% and the Nasdaq up slightly by 0.02%. BTC fell from around 81,300 to around 79,300 after the data release, consolidating. Rising rate hike expectations are putting pressure on the macro environment. Key price levels for each currency pair: Resistance/Support: BTC: $82,271 (previous high), $82,000-$82,800 (strong resistance zone), $78,500 (relatively strong support); ETH: $2546 (previous high), $2500 (strong resistance), $2370 (relatively strong support). Strategy Reference ⚠️ The following is an objective analysis and does not constitute investment advice. Please make your own decisions. BTC Strategy: • Primarily shorting: If the price rebounds to 80,300 and encounters resistance, consider a small short position with a stop-loss around 81,000 and a target of $78,000. • Short-term long (cautious): Only consider long positions at 77,500 with a target of 80,000. ETH Strategy: • In line with BTC, short at 2,500 with a stop-loss above 2540 and a target of 2460-2430. If it breaks below 2430, look for a further drop to around 2380. Risk Management Reminder: • With rising interest rate hike expectations, the medium-term bias is bearish. Long positions should be entered and exited quickly; avoid holding positions for too long. Follow-up attention: The CPI data on September 11th will be crucial for the September FOMC interest rate decision. For copy trading, see my profile on QQ. There are no entry barriers to copy trading, and you can also enjoy high returns.
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