US non-farm data to drive sentiment this week

by Tffany Wang, WOO Analyst

The final week of summer saw quiet market conditions, with minimal activity or notable developments.

As September begins, attention will shift toward key events, particularly the release of the US Non-Farm Payroll (NFP) report on Friday, which is expected to have a significant impact on market sentiment in the coming week.

Market overview by WOO X Research

Meanwhile, BTC continued its downtrend, with key support between $55,000 and $57,000. Holding within this range could signal an end to the decline from $65,000.

In the short term, resistance levels to monitor for a potential rebound include the 15-minute MA140 at $58,315, the 1-hour MA140 at $59,338, and the 4-hour MA140 at $60,231.

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