$BNB
🔥The dawn of the US stock market counterattack?
⚡️Tonight's data will be released, which may be a turning point!
After a week of rebound, key data will be released at 8:30 tonight.
Ziqi believes that it is a potential starting point for the US stock market to counterattack firmly.
Previously, the market's hesitation was actually a natural reaction to the lack of data.
There is a lack of new catalysts to lead a full recovery.
It is particularly noteworthy that although the unemployment rate has risen for several consecutive months.
But the abnormal performance in July is largely attributed to the disturbance of seasonal factors.
This provides us with a more objective perspective to examine the current economic situation.
In fact, the current economic situation is far from being in a state of overall pessimism.
At present, the focus of the market is on the interest rate cut that the Federal Reserve will take in September.
Is it a moderate 25 basis points or a radical 50 basis points?
Although some Wall Street analysts are looking forward to the latter, they expect the annual interest rate cut to exceed 100 basis points.
But such expectations are obviously too optimistic and lack a realistic basis.
In contrast, the "gentle interest rate cut" of 25 basis points in September
is a symbolic start, which is in line with market expectations and more stable and feasible.
It is worth noting that there has been a divergence between BTC and US stocks recently.
This reflects the sensitivity and emotional characteristics of the market to a certain extent.
The depressed market sentiment, huge potential selling pressure, and the departure of heavyweight players such as Jump.
As well as the low liquidity of the overall market, together they have created an emotional environment close to the freezing point.
However, all this may only be temporary.
If the US stock market can continue to heat up before the dust settles on the interest rate cut policy.
Active buying in the ETF market will inject new vitality into the market.
Such positive momentum is expected to be the key force to break the divergence between BTC and US stocks.