🇺🇸 Waiting on the Data — And the Next Break
Bitcoin remains range-bound as traders await key U.S. data, while positioning and options flows continue to argue that downside risk has not been resolved.
🪙 Crypto Market Overview
Bitcoin has gone largely nowhere at the start of the week, with price action stalling as markets wait for a heavy macro calendar. Tomorrow’s U.S. jobs data and Friday’s inflation report are keeping directional conviction muted, with many participants choosing to stay sidelined for now.
This lack of follow-through is not surprising. When major macro releases cluster together, crypto often drifts until the data forces a repricing.
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