QCP: US non farm payroll data exceeds expectations, BTC faces resistance in the $80000 to $82000 range

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QCP released a report stating that non farm payroll employment in the United States increased by 162000 in August, higher than the expected 55000, the unemployment rate remained at 4.1%, and average hourly wages increased by 0.3% month on month. Bitcoin once rose to $82000 before falling back to $79300, while Ethereum remained at $2500. From September 1st to 4th, spot Bitcoin ETFs recorded a net inflow of $770 million. QCP pointed out that Bitcoin is facing resistance in the $80000 to $82000 range and Ethereum is above $2500, as investors are waiting for data from the Producer Price Index and Consumer Price Index. AI interpretation: Non farm employment data significantly exceeded market expectations, directly breaking the pessimistic view of a cooling labor market. The strong employment growth proves that the endogenous driving force of the US economy remains stable, completely eliminating the need for aggressive interest rate cuts in the short term. This unexpected performance has forced the market to reassess the monetary policy path, and the high interest rate environment will be maintained for a longer period of time to curb overheating risks. The sharp fluctuations in asset prices after the data was released reflect investors' immediate response to expectations of liquidity tightening.

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