Two major US events could shake stocks, crypto & global markets 👇
1) US Supreme Court Tariff Ruling (10:00 AM ET) Markets price ~77% chance Trump-era tariffs are ruled illegal. • If struck down → growth outlook weakens, sentiment shock, risk assets (incl. crypto) may drop.
2) US Unemployment Data (8:30 AM ET) Expected: 4.5% • Higher → recession fears • Lower → rate cuts pushed further
• Tough setup: Weak data = recession fear Strong data = tighter policy for longer
📉 Trend: Bearish → Neutral BTC is trading near $90K, still below key moving averages. Sellers are in control for now.
Some Key Levels: • Support: $89.5K • Resistance: $91K–$91.5K
📊 RSI: ~42 → Weak momentum, not oversold yet.
📅 Next Week – Major Price Drivers: • US jobs & labor data → can flip market sentiment • Macro / political headlines → volatility risk • Crypto news & ETF flows → sudden moves possible
🇺🇸 The U.S. Federal Reserve just injected $31B into markets through overnight repo operations.
📌 This isn’t money printing — it’s temporary liquidity to ease short-term funding stress.
⚠️ Signals tighter market conditions, but also helps stabilize rates and prevent panic. ➡️ Short-term: supportive for markets ➡️ Big picture: shows stress is building under the surface