Analysis: Stronger-than-Expected US Nonfarm Payrolls Boost Crypto Market, CPI Seen as Key to Directional Breakout

September 7 news, according to QCP analysis, the US August employment report unexpectedly improved, with 162,000 new jobs added (vs. 55,000 expected), a sharp rebound from July's revised 21,000, easing concerns over labor market weakness and shifting market attention back to the inflation outlook. Bitcoin briefly broke above $82,000 early in the week before retreating to $79,300, while Ethereum held near $2,500. Spot Bitcoin ETFs recorded net inflows of $770 million from September 1 to 4, but the pattern of outflows on Monday followed by heavy inflows on Wednesday suggests institutions prefer to adjust positions ahead of key data. Technically, Bitcoin faces resistance at $80,000-$82,000, while Ethereum encounters selling pressure above $2,500, reflecting market caution ahead of inflation clarity.