How divided the Americans are, #ETH# is just as divided.



Trump's "late interest rate cut theory" and Powell's "Federal Reserve independence theory" have already caused serious political play people for suckers in America.

The direct source of the sharp drop in E is the "magical" non-farm payroll revision data. Non-farm payroll is an important indicator of the employment market and one of the two key factors for the Federal Reserve's decision on interest rate cuts. However, the non-farm payroll for May and June was revised down from 291,000 to 31,000 😂😂.

Given the bleak employment situation, the Federal Reserve's expectation for a rate cut in September has risen from 45% to 75%. However, the significant data revisions are considered "fraud + political alignment," with Trump, the Federal Reserve, and the Department of Labor merely being a makeshift team.

For risk assets, the expectation of interest rate cuts cannot completely eliminate the risks brought by "uncertainty". #ETH# Large holders have a serious divergence in positions, with the general situation being: bearish whales are selling decisively, while bulls are still hesitating in search of a bottom.
ETH-0.39%
TRUMP-6.21%
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