U.S. initial jobless claims data improved significantly; the labor market’s resilience exceeded expectations. Market expectations for rate cuts cooled further, and the cycle of the Federal Reserve maintaining high interest rates is likely to be extended. The high-interest-rate environment boosts the attractiveness of dollar-denominated assets, increasing pressure for capital to flow out of the crypto market. Bitcoin’s rebound faces headwinds, and macro-level negatives are clearly weighing on price action. The probability of subsequent volatility with a downward bias is relatively high. $BTC $ETH #SEC警告链上借贷或涉证券监管 #特朗普警告9月政府停摆