Jobless claims: 205K vs 215K forecast → labor market still strong.

For the Fed, that means no rush to cut rates → cheap money expectations get pushed back.
That’s not bearish — but it cools momentum.
Bitcoin & Ethereum don’t react with fear… they just slow down.
One data point doesn’t change the trend —
but a series of “stronger-than-needed” prints shifts expectations.
Right now: not a reversal, just cooling optimism.