This Week's Major Events to Watch:

1. Fed Meeting Minutes:

Released in the early hours of July 9 Beijing time.

Whether the Fed has any intention of cutting rates ahead of schedule.

If the minutes are dovish, risk assets may continue to gain sentiment support;

If still hawkish, high interest rate expectations may re-suppress market risk appetite.

2. Important U.S. Economic Data

This week will also see the release of:

ISM Services PMI
Initial Jobless Claims
Inflation Expectations
Domestic CPI

These data points will all influence the market's judgment on the future path of interest rates.

Recently, the market's sensitivity to macroeconomic data has been significantly higher than to on-chain news.

3. SpaceX Officially Included in the Nasdaq 100 Index

This is one of the biggest industry events of the week.

Many are focusing on:

SpaceX holds approximately 18.7k BTC.

After being included in the index, it may attract more index funds and passive capital to allocate to SpaceX.

Although these funds will not directly buy Bitcoin, it means that listed companies holding BTC are gradually entering the core asset pool of traditional capital markets.

In the long run, this is beneficial for crypto assets to further integrate into the mainstream financial system.

4. Multiple Projects Face Large Token Unlocks This Week

Key ones include:

PUMP, RAIN, HYPE

Unlocks do not necessarily mean a price decline.

What really needs attention is:

Whether the newly unlocked tokens will quickly flow into the market and create selling pressure.

5. The Yen's Trend Remains Worth Watching

Recently, the USD/JPY has once again approached 162.

The market has proven last year:

When yen carry trades undergo large-scale unwinding, global risk assets can all be affected.

Therefore, this indicator is worth continuous monitoring.