US non-farm data to drive sentiment this week
by Tffany Wang, WOO Analyst
The final week of summer saw quiet market conditions, with minimal activity or notable developments.
As September begins, attention will shift toward key events, particularly the release of the US Non-Farm Payroll (NFP) report on Friday, which is expected to have a significant impact on market sentiment in the coming week.
Market overview by WOO X Research
Meanwhile, BTC continued its downtrend, with key support between $55,000 and $57,000. Holding within this range could signal an end to the decline from $65,000.
In the short term, resistance levels to monitor for a potential rebound include the 15-minute MA140 at $58,315, the 1-hour MA140 at $59,338, and the 4-hour MA140 at $60,231.
Visit WOO X Research for additional insights
—
The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.
The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on our official website shall prevail.
