August will usher in a big market🔥
1. The August non-agricultural data and the interest rate cut meeting are on the same day. The United States has roughly prepared to release water and cut interest rates. After all, Japan was forced to raise interest rates, and other currencies in the world are also falling.
2. The cycle from the Fed's previous interest rate hike to now is too long. Recently, technology stocks have been on a downward trend, mainly because the dominance of the US dollar has declined. If it continues to carry on now, it is easy to have excessive inflation and economic collapse.
3. The current trend of the currency circle has changed from the original decentralization to the US stock market with the inflow of ETFs. AI, RWA, MEME and other sectors have been re-accelerating. Therefore, the upward selling pressure of Ethereum after the ETF was passed has been eased last night. At the end of the month tonight, the net inflow of funds will increase, and the amount of outflow of coins in the past few days will not be as large as before.