September 5 Cryptocurrency Daily Report | Non-farm Payrolls Hit Hard, Institutions Go Against the Trend to Buy the Dip

CN
蚂蚁AT俱乐部
6 hours ago

News Flash
🔴 Macroeconomic Negatives
- The United States added 162,000 non-farm jobs in August (expected only 56,000), the probability of a 25bp rate hike in September surged from 52% to 59%, the 2-year Treasury yield rose 7.6bp to 4.41%, and the dollar index broke through the 99 level.
- Trump confirmed a new round of strikes against Iran, and geopolitical risks continue to escalate.

Industry Positives
- Institutional funds are buying against the trend: Net inflow of $175 million for BTC spot ETF in one day, with net inflows for three consecutive days; net inflow of $26.46 million for ETH spot ETF, and BlackRock's ETHA saw the highest single-day inflow of $57.79 million.
- Standard Chartered Bank launched BTC/ETH spot trading in the UAE, becoming the first systemically important bank to conduct this business; SoFi partnered with Kraken to launch stablecoin SoFiUSD.
- Japan's Remixpoint liquidated XRP, ETH, and fully allocated BTC, while Adam Back invested 7.6 million euros to increase his BTC holdings.
- Unsettled BTC futures contracts rose to $57 billion (the highest since May), with over $260 million in shorts being liquidated.


Key Levels
BTC
- Resistance: 82,000-82,300 (previous high dense area), 80,500-81,000 (short-term rebound target)
- Support: 78,700 (24H low), 76,600-77,000 (short-term holders' cost zone), fall below to see 73,500

ETH
- Resistance: 2,500-2,530 (previous high), 2,815 (mid-term target)
- Support: 2,400 (core support), 2,150-2,175 (50-day/200-day EMA zone)

SOL
- Resistance: 105-106 (short-term resistance), 108-110 (breakout target)
- Support: 100 (psychological level), 96-97 (first defense line below 100), 88-90 (strong support)

Risk Warning
⚠️ The CPI data on September 11 and the FOMC meeting on September 16 will define the mid-term direction; the current leverage ratio is high, and the risk of a sharp pullback is significant; historically weak month of September, it is recommended to reduce SOL positions by half.

September 5 Crypto Daily|Non-Farm Payroll Shocked the Market, Institutions Buy Against the Trend_aicoin_Image 1

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