The number of ADP employment in the United States in July was 122,000!
Since ADP generally has a certain forward-looking guidance for non-agricultural employment, the non-agricultural data in July may redirect the expected direction of inflation cooling;
After looking at the market performance, the Nasdaq futures have completed a V-reversal. This week, the US stock market is likely to completely end the short-selling trend and stabilize and fluctuate;
For BTC, it seems that the market is still full of uncertainty, and the previous negative correlation is still in effect. The sentiment in the market seems to have become less sensitive to various events recently.
After Trump's speech, in the short term, except for the expectation of interest rate cuts that have basically been priced in, it seems that the market can no longer find any positive factors worth speculating. Therefore, it may be normal for prices to fluctuate for a period of time, and the market with big positive and negative gates in the range will soon appear again;
Regardless of long and short, don't have a pattern first. The market may be in a chaotic state at present. It is also a way to wait for the large range of these months to go out and form a trend and then pattern.
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