Bitunix Analyst: Global capital awaits new policy signals, with the dollar and energy still dominating market rhythm.

BlockBeats news, June 29 - This week, the global market officially enters a period of dense events. The U.S. non-farm payroll report, the European Central Bank's Sintra Forum, and the joint appearance of the four major central bank governors from the U.S., UK, Europe, and Canada will collectively determine the market's repricing of global liquidity in the second half of the year. Among these, the most watched will be Federal Reserve Chairman Walsh's first public policy remarks on the international stage. With multiple Fed officials continuing to send hawkish signals, the market has almost set the tone for the possibility of "high interest rates lasting longer or even another rate hike."

On the other hand, the situation in the Middle East remains an important variable affecting risk appetite. Although the U.S. and Iran continue to push for a ceasefire and Strait negotiations, Iran still states that the Strait of Hormuz will be under its full control for the next 30 days, and shipping companies also warn that mine clearance may take months, indicating that the global energy supply chain remains highly uncertain. At the same time, Saudi Arabia is about to announce its official crude oil selling price for August, which will also serve as an important barometer for the market to observe energy demand and the global economic climate.

On the funding side, deeper changes are occurring. Large sovereign wealth funds continue to increase allocations to real assets such as energy and infrastructure, reflecting that global capital is beginning to pay more attention to supply chain security and asset resilience.

For the crypto market, what really needs to be observed at this point is not a single economic data point, but whether the U.S. dollar, interest rate expectations, and global liquidity can form a new direction. If Walsh continues his hawkish stance this week, non-farm payrolls remain resilient, and the dollar continues to strengthen, risk assets may still face capital reallocation pressure in the short term; conversely, if policy signals begin to become more balanced, market risk appetite may improve. Against the backdrop of repricing global capital costs, the crypto market will remain highly sensitive to macroeconomic policies and the dollar's movement in the short term.