US Initial Jobless Claims data will be released today at 12:30 PM UTC.

If ADP employment comes in below expectations while jobless claims come in above expectations, markets could flip bullish

Weak labor data = higher chances of the Fed turning dovish on rates.

Less than expected employment numbers and higher than expected jobless numbers = positive for rate cuts

NFP numbers tomorrow are probably even more important.

But My bearish stance just became more agressive

I said after hitting 90-95k we can see a new ATH

This is now invalid. I consider lower as possible

In other words, there is nothing to be bullish

Three coins with idiosyncratic flows that favor being long:

• Hyperliquid ... the best coin in the market
• Ethena ... the best bet on stablecoin adoption
• PumpFun ... the best revenue-based valuation

Interestingly, $PUMP has roughly the same buybacks as $ENA.
( ~$2million per day at 1.6b vs. ~$6million per day at 5b )

$HYPE has lower buybacks, but is overall the best business.

The ENA chart is beautiful, isn't it?

If CPI isn't a total rug, Ethena will probably moon.

*US AUG. CORE PPI FALLS 0.1% M/M; EST. +0.3%
*US AUG. PRODUCER PRICES RISE 2.6% Y/Y; EST. +3.3%

It's time for large cap break out

Wow

Cash deposit hoga bilkul safe

500 only now