Bitunix Analyst: US Non-farm Payrolls (NFP) data may be delayed, increasing market fluctuation risks due to information vacuum.

According to Mars Finance, on October 3rd, the release of the U.S. non-farm employment data for September is uncertain due to the government shutdown. Senator Warren emphasized that the data has been processed and requested the government to publish it on time; otherwise, it will affect the Federal Reserve's interest rate decision-making basis at the end of October. The market can currently only rely on alternative indicators such as ADP, and the ADP report shows an unexpected decline in private sector employment, further deepening concerns about economic slowdown. From a macro perspective, if non-farm data is delayed or weak, it will raise the market's bets on interest rate cuts, which will be beneficial for risk assets in the short term. However, the information vacuum may also amplify fluctuations and uncertainty. Bitunix analysts believe that the data delay caused by political games has led the market to rely on alternative information, intensifying volatility. Observing the crypto market, if BTC breaks through the 121k area, the liquidation intensity will reach 650 million dollars; the lower levels around 112k and 108k will form multiple layers of support. The recent rapid surge has reached an upper liquidity dense area, and in the short term, it may face a consolidation phase. Investors are advised to remain cautious and follow the potential resistance and support ranges indicated by the liquidation bands.

BTC1.48%
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