📊 U.S. initial jobless claims exceed expectations—are hopes for rate cuts back?
Initial jobless claims rose to 200k in the latest week, above expectations of 194k, showing signs of a slight cooling in the labor market.
But the thing is, 200k is still historically low. 👀
📉 Optimists: The labor market is starting to cool, which may ease pressure on the Fed to keep rates high.
📈 Cautious observers: CPI just came in hotter than expected, inflationary pressure remains, and one week of employment data is not enough to change the policy outlook.
With a cooling labor market and stubbornly high inflation emerging at the same time, which signal will the Fed focus on next?
💬 If employment continues to weaken but inflation stays high, would you be more bullish on a BTC and U.S. stock rebound, or choose to keep waiting?
Come to Gate Square with #美国初请失业金人数高于预期 to share your market outlook, trading strategy, or portfolio changes.
Do you think the market needs cooling inflation more right now, or resilient employment?

11.13 A Chen’s Public BTC Outlook
【Short Trade Idea】$BTC
　　Entry range: around 720–725
　　Stop-loss: 730
Take-profit tiers
　　First target: 713
　　Second target: below 706
Third target: below 696
【Market Analysis】: The current price of 70900.2 has fallen below the lower Bollinger Band. The Bollinger Bands continue to widen downward, with strong selling pressure. The market is oversold, and the death cross at the zero line continues to widen, with no signs of a rebound. A look at market depth shows that net inflows over 4H favor bears.
【Trading Recommendation】: The market is steadily declining, and there is no visible bottom at present. Long positions are not recommended. More aggressive traders can open a short at the current price.
【Long Trade Idea】
Entry price: 696
　　Stop-loss: 686
Take-profit tiers
　　First target: 706
　　Second target: 716
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