Overview
- Bitcoin fell below $80,000 after Friday's jobs report showed U.S. nonfarm payrolls rose by 162,000 while the unemployment rate stayed at 4.1%.
- Traders lifted the implied chance of a Fed rate increase at the Sept. 15–16 meeting to about 61%, and short‑term Treasury yields and the dollar firmed in response.
- Technical resistance around $82,000–$82,500 had already capped gains, and liquidation heatmaps show large clusters of leveraged positions near $80k–$82k that could speed moves in either direction.
- On‑chain and exchange liquidity signals, including Binance's exchange stablecoin ratio at 2026 highs and elevated six‑month holder profitability, point to constrained buying power and higher profit‑taking risk.
- The next decisive tests for price direction are the August CPI on Sept. 11 and the Fed decision on Sept. 15–16, which together will shape whether the rally resumes or a larger unwind follows.