Good news priced in equals bad news? September non-farm payrolls: 29K. The probability of a rate hike in October on CME has dropped to around 22%. By logic, the crypto market should be taking off. But the 10-year U.S. Treasury yield is back near 5.26%, sitting at multi-decade highs. Basically, the market doesn’t believe rate hikes are urgent, but it also doesn’t believe inflation is under control yet. The good news is BTC already pumped in advance. This dip is still holding around $84K. Personally, I think it’ll be tough to break past $90K with strong volume before the October 14 CPI report. In other words, this rebound might top out around $90K.