Stay sharp, traders! ๐จ The latest "ADP Watch" just dropped a bombshell that could shake your portfolio. ๐
While the market expected 48K new jobs, the actual data showed a measly 22K. This massive miss signals a cooling economy, which ironically often pumps risk assets. Why? Because a weak labor market pressures the Fed to cut interest rates sooner! ๐ธ
Watch $BTC closelyโif it holds support here, we might see a relief rally as the "Higher for Longer" narrative cracks. ๐
Are you longing the dip or waiting for NFP? Let me know below! ๐