#blockchain[超话]#

Fundamental analysis:
Markets are awaiting the release of non-farm payrolls tonight, with the Fed at its July meeting emphasizing its commitment to a data-dependent approach when assessing future policymaking and the broader outlook for normalization. This flexible guidance reduces the likelihood of further policy tightening in 2023, but any change in economic conditions could lead to a reassessment of the ongoing tightening cycle.
If job and wage growth is significantly stronger than expected, reaching the 300K level, the market's interest rate expectations for the Fed may shift to a more hawkish direction, and the Fed may raise interest rates by another 25 basis points and shrug off a recession.
The opposite could be the case if job growth is anemic, with only about 150,000 new jobs added. A weak non-farm payrolls report could raise concerns about the state of the economy and prompt a dovish re-pricing of Fed policy expectations.
According to CME Group's Fed Watch tool, the market currently expects that the probability that the Fed will "stand still" in September is 82.5%, and the probability of raising interest rates by 25 basis points is 17.5%.
Garretson expects wage growth to be below consensus, with non-farm payrolls at 185,000, and "a cooling in labor demand could ultimately strengthen the case for a soft landing."
Regarding U.S. debt analyst Fawad Razaqzada believes that although a U.S. debt default is unthinkable, it may indeed happen at some point in the future. “As such, we don’t rule out further increases in U.S. bond yields in the near term. Next week’s $103 billion U.S. Treasury auction will be interesting and will tell us about investors’ willingness to hold government bonds. That said, for now The potential for a correction in the dollar is high and investors could start selling the dollar soon once the dust settles - especially if tonight's jobs report is softer, in which case we'd be inclined to look for virtual currencies, gold Or a long entry point in Europe and the United States, and a stronger report will enhance the attractiveness of USD/CHF.”
Technical Analysis:
From the perspective of the disk, Bitcoin has been hovering around 28,500-30,500 recently. The current price is around 29,000. I personally think that there is still a certain upside space. It is expected to break through 31,000 in August.
Ethereum is still mainly based on the blog post released on July 26th 1828-1780, followed by a blog post in 1877 to remind the contract to lighten up or settle the bag. I believe that many friends have already bought spot goods, and the rest will be Just continue to hold it patiently, and there is nothing to say about other analysis. There are only a few words written every day, basically the same, just keep it low. #Bitcoin##Ethereum Square##Gateio10th Anniversary#
Contributor: Biquanzuoya