1. Dudley, former president of the New York Fed, said that due to the slowdown in labor market conditions and the continued existence of inflation risks, speculation about a 50 basis point rate cut in September has heated up again, and the US dollar will face selling pressure

2. As of now, core CPI inflation has been above the target of #美联储何时降息？ 2% for 3.5 consecutive years, and has not shown any signs of slowing down, although the overall CPI has fallen to a 3-year low

From the new crown crisis to the present, six of the ten top central banks have begun to cut interest rates this year. The Federal Reserve will announce its first rate cut next week (September 18, 2024), but premature rate cuts may trigger inflation and worsen affordability. However, spending cuts may lead to further increases in unemployment, as the current#unemploymentrate is close to a three-year high (Figure 1)

3. Market crashes above 30% all occur when unemployment rates rise. The current US unemployment rate is 4.2%. If the unemployment rate continues to rise, it indicates that the United States is in recession, and it is possible that the Federal Reserve will carry out a 50 basis point rescue

4. Many people will Bitcoin 61868996105 was considered as a catalyst to change the rules of the game for cryptocurrencies, but this is not the case. Pessimistically, this cycle may experience a correction and consolidation phase. From April to now, capital inflows have been difficult to drive prices.

5. If 06174610934 rises 70% from the current price, it may reach 92K

6. The British court recognized 77089773532 $USDT as property, which is a major breakthrough for cryptocurrencies and a victory in this field

7. From the Bitcoin $BTC liquidation heat map, in the long-term full leverage mode, please pay attention to the position of 57K below Bitcoin and 58.7K above Bitcoin (Figure 2)

8. As gold hits a record high,#Bitcoinhas decoupled from gold. This situation shows that the market is avoiding risks and the market tends to prefer traditional safe-haven assets such as gold