#非农爆冷打压加息预期 U.S. June non-farm payroll data came in with a major surprise—the number of new jobs added was far below expectations, instantly shattering the market’s fantasy that the Federal Reserve would keep hiking rates in a hawkish manner. The labor market is releasing clear signals of cooling, which undoubtedly places immense pressure on Powell and the Federal Reserve.

At present, CME interest rate futures show that the market has started to reprice rate-cut expectations, and the probability of a rate cut in September has risen significantly. For the crypto market, this is an extremely critical macro positive. The U.S. Dollar Index has dropped sharply in the short term, giving risk assets a chance to catch their breath. With expectations for rate hikes being suppressed, funds are expected to flow back into mainstream coins. It is recommended that everyone closely track this week’s CPI data—if inflation also falls in tandem, then the crypto market will very likely see a wave of trend-reversal upside. Buckle up and hold tight—the rally is already on the way!!!!!!!!