The U.S. labor market is weakening faster than most expected. Job openings are now below pre-COVID levels, layoffs are rising across sectors, and hiring plans have dropped to record lows. This isn’t just a cooling - it’s a clear contraction. Maybe the new FED chairman might be forced to ease rates quicker due to this... For crypto, this kind of macro setup doesn’t bring instant upside… but it sets the stage. 2026 is shaping up as a transition year: sentiment is quiet, liquidity hasn’t returned, but the fractures in the old system are starting to widen. When the rebound comes, it won’t be subtle - it’ll favor those who stayed patient, kept building, and understood the bigger picture.