Showdown on Non-Farm Payroll Night: Walsh’s First Move Could Shake the Market Forecast: +85K, Unemployment Rate 4.3% ADP adds 122K jobs, slight recovery ⚠ But initial jobless claims at 225K, Challenger layoffs at 97K, and PMI both declining—job market looks 'stable on the surface, weak underneath.' Tonight, it’s basically 2⃣ scenarios: Better than expected → BTC continues to pull back Worse than expected → Rate cut expectations return, BTC rebounds quickly Worth noting: The first data release under new Chair Walsh, and the rate market has already erased rate cut bets, even leaning toward a rate hike by year-end! Set your alarms—tonight at 8:30 PM, we might see some massive volatility!