Bitcoin breaks through the $80,000 mark and then pushes on to $82,000. Many well-known traders and institutions have started to take profits. Market bulls and bears are rapidly diverging. Trader Jiang Zhuoer publicly stated that he has fully liquidated his BTC position at $82,050 and has adjusted his strategy from being bullish on ETH to shorting BTC. In his view, this consolidation period is too short to support a breakout above the strong resistance at $83,000-$84,000. After the price closed above $82,000 with a long upper shadow, it signals a short-term exit. He is now focusing on waiting for the $70,000-$72,000 range to consider re-entering positions. On the other hand, investment firm Multicoin Capital is also gradually selling off HYPE tokens. Since July 28, the firm has sold about $112 million worth of HYPE, with total profits of $64.08 million, yielding a return of over 134%. The most recent large deposit and sale occurred just 3 hours ago. Not only these two transactions, recent on-chain data shows that a batch of institutions and whales who positioned at low levels earlier are taking profits during this rebound. The biggest variable in the current market is the U.S. August non-farm payroll data to be released tonight at 8:30 PM. It will directly affect expectations for a Fed rate hike in September. Possible market reactions to tonight's data: • 📊 New jobs added between 50,000-60,000, unemployment rate at 4.1%: in line with expectations, mild market reaction, focus shifts to next week's CPI • 📉 New jobs close to zero or negative growth, unemployment rate rising above 4.2%: signals weakening employment, significantly lowers probability of a September rate hike, bullish for gold