$BTC Suddenly a wave of correction?

The whole market is confused, why?

From the perspective of interest rate cuts, after the non-agricultural data came out, the probability of a rate cut in September has reached 100%, which is good news in the general direction.

But the market suddenly pulled back, why?

After reading a lot of information, I personally think that the biggest possibility is that the non-agricultural data was almost halved, and the economy is close to collapse. The market believes that it is too late for the Fed to cut interest rates in September, and it should have started in August. So the US stock market began to plummet.

This plunge brought the currency circle to a crash. Of course, the 6% drop in Bitcoin is not a crash. I personally think that the room for decline is open, and it is possible to insert a pin to around 49,000, scare away the leeks, and quickly pull up, not giving the leeks a chance to get on the train.

It is unlikely to go down, so I suggest that everyone buy the bottom while it falls, don't panic, the general direction has not gone bad. The expectation of Bitcoin reaching 100,000 remains unchanged.