The market has been hit hard recently. Although the non-agricultural data was favorable, the market bucked the trend and plummeted, showing that the market focus has shifted from expectations of interest rate cuts to more severe economic realities. The implementation of the interest rate cut policy failed to effectively alleviate market concerns, but instead intensified concerns about the risk of a U.S. economic recession.

Global stock markets are generally under pressure. The Japanese stock market fell rapidly after briefly surpassing historical highs. The German stock market even fell below its recent high. The British and French stock markets also formed a weekly small double top with significant declines. In terms of U.S. stocks, the Dow Jones Industrial Average performed particularly weakly, with continuous top divergence signals appearing on weekly lines. The S&P and Nasdaq also fell sharply, approaching the support of the monthly rising trend line.

Market sentiment has deteriorated sharply, with Wall Street's fear index VIX soaring 50% to a one-year high, reflecting investors' deep concerns about future uncertainty. At the same time, the financial reports of technology giants such as Intel and Amazon were less than expected, and previous financial reports of Google and Tesla were also disappointing, further damaging market confidence.

In the short term, market focus will focus on whether Bitcoin can hold the key level of $60,000 and whether Ethereum can find support at $2,800. Gains and losses at these key points will have an important impact on the short-term trend of the cryptocurrency market. Overall, the market is highly sensitive and uncertain, and investors need to remain cautious and pay close attention to global economic trends and corporate financial reports to make more prudent investment decisions. #比特币行情 #美国7月非农就业增长放缓 #美联储何时降息？ #美国政府转移BTC #超级央行周 $BTC $ETH