The U.S. July nonfarm payrolls report has left the whole world stunned😱! Employment fell by 23k, versus expectations for an 80k increase, while revisions cut more than 100k jobs—ouch. Yet the unemployment rate fell to 4.1%. Why? The labor force participation rate dropped to 61.4%, down 0.7 percentage points since the start of the year. Put simply, a large number of people have just given up and stopped looking for work; with the denominator shrinking, the data naturally looks better. What a magic trick🤷. The market immediately changed course: the probability of a rate hike plunged from 55% to 44%, U.S. stock futures surged in a straight line, gold jumped $40, and bond yields collectively collapsed💰. Retail, education, and finance dragged things down, while healthcare and construction barely held things up. Experts are in a fierce argument, with some calling it “extremely alarming” and others blaming summer vacation and the World Cup. Capital Economics warned that this alone could make the Fed back down. Wage growth of 0.1% was the lowest in five years, sending a chill through the air. But don’t celebrate too soon! Next week’s CPI is the ultimate boss. If inflation comes in hotter than expected again, the rate-hike scythe will have to swing back. It’s too early to celebrate—let’s wait for the verdict🔥! #非农爆雷降息预期逆转 $ETH ‌

8.10 Jack’s Morning ETH Analysis and Strategy$ETH ‌ At 6 a.m. this morning, the price surged to around 1937, triggering short-side selling pressure. An inverted hammer appeared ahead, indicating a sharp market reversal. Long-side pressure failed to hold at the upper level. The short-term trend is downward, while the long-term uptrend remains intact. Reference Operation⬇️ Operation Suggestion: Go long within the range Operation Range: 1900-1910 Stop-Loss Defense: 1890 (72h low support line; if broken, stop loss unconditionally and reverse to short) Take-Profit Levels 1️⃣ Take-Profit: 1930 (72h highest stable level) 2️⃣ Take-Profit: 1940 (72h highest level; watch this level after the stable level is broken)

August 10 Hu Ge's ETH strategy: Strategy: Entry: Watch for longs around 1905-1895. Above, watch the 1950-1970 resistance zone; if the price breaks through on increased volume and holds, it may continue testing the 2000-2050 area. Below, support is seen in the 1890-1870 area. ETH is currently moving largely in line with BTC. From a technical perspective, the price remains above key support on the 4-hour timeframe, and the trend structure has not yet been broken. Momentum has weakened somewhat, but there are no clear signs of significant weakness; in the short term, watch whether the 1890-1870 support can hold and whether the 1950-1970 resistance zone can be breached. This week's market focus is on U.S. macroeconomic data, especially the U.S. July CPI data due on August 12, followed by PPI, retail sales, and other data. Inflation data will directly affect market expectations for the Federal Reserve's pace of interest-rate cuts. If the data comes in below expectations, expectations for rate cuts will intensify, risk-asset sentiment may improve, and ETH, as a high-beta asset, could receive stronger capital inflows; if the data exceeds expectations on the high side, short-term pressure from a stronger U.S. dollar should be guarded against.$ETH ‌#非农爆雷降息预期逆转