MasterOfEncryption

The U.S. Economic Surprise Index fell to -23 on Tuesday, the lowest level in 9 months.
The Economic Surprise Index measures economic data that is above or below general expectations.
Except for 2024, this is the largest fall in three years.
This month, industrial production, retail sales, and ISM manufacturing and services PMIs all fell short of expectations.
Data continues to indicate that economic activity in the United States is slowing down.

Gm $BTC
Powell: Inflation driven by tariffs is expected to rise in the coming months.
美偔傔傩chairman鲍威尔在发布会上表示,在Trump Administration 加征关税影响下,美国通胀或在未来几个月显此上升。 他强调,在开始interest rate cut前需对通胀下降有足够confidence,当前策略保持"适度限制性"。
The chart indicates that two interest rate cuts are still expected in 2025. Powell stated that the Federal Reserve is assessing the transmission path of tariffs and reaffirmed its stance on the 2% inflation target.
He also stated that, given the current inflation situation, it is still necessary for monetary policy to impose some restrictions on the economy. The current interest ra

The latest survey by the Atlanta Federal Reserve Bank shows that businesses' inflation expectations have decreased from 2.5% in May to 2.4% in June.

The market participation of retail investors has reached a historic high:
Goldman Sachs data shows that cheap stocks (representing retail activity) accounted for 47.4% of total market trading volume on Thursday, setting a new historical high.
This exceeds the historical high of about 45.0% set in May 2024.
This is more than twice the level of the retail trading frenzy in 2020.
Interestingly, about 20% of the trading volume of stocks priced below $1.00 occurs during the pre-market trading session.
At the same time, data from JPMorgan shows that last week, retail investors accounted for about 18

Central banks around the world are cutting interest rates:
In May, global Central Banks cut interest rates 15 times, marking the fastest monthly rate cut pace of the year.
This is also one of the largest waves of interest rate cuts in this century.
To clarify this point, in March 2020 and December 2008, the Central Banks of various countries implemented 50 and 29 interest rate cuts, respectively.
Last week, Europe conducted its eighth interest rate cut of this cycle.
At the same time, as global banks cut interest rates, the Federal Reserve continues to pause interest rate cuts.
Uncertainty is

The stock price of the Hong Kong-listed company Mi Strategy rose over 20% after announcing the purchase of 2,440 SOL.
The Hong Kong-listed company Mi Strategy announced that it has purchased 2,440 Solana (SOL) on the open market, with a transaction amount of approximately 2.9075 million Hong Kong dollars, funded by the company's internal resources.
The announcement states that Solana has key value in decentralized applications, DeFi infrastructure, and Web3 innovation. Previously, the company changed its name to "MEMESTRATEGY," with the stock code remaining "2440," reflecting its strategic foc

President Trump stated, "The U.S. is not involved in tonight's attack on Iran."

President Trump issued a statement regarding his call with Putin about the situation in Iran and Israel.

Individual investors are becoming more optimistic:
In the latest AAII survey, the proportion of retail investors expressing bearish sentiment has decreased to 33.6%, the lowest level since January 29.
In the past two months, this ratio has almost halved.
To illustrate this more clearly, the lowest value last year was around 20%.
At the same time, retail bullish sentiment rose by 15 percentage points to 36.7%, the second highest since January 29.
This emotional shift is even faster than the bear market of 2022.