Five Macro Landmines and Three Crypto Hidden Dangers in July!

The July market is focused on two things: the economic data plunge performance + the pressure on the Fed to cut interest rates.

1️⃣ July 3: June Non-Farm Payroll Data! The data for the previous two months was revised down by 95,000, and Powell even complained about the inaccuracy of the data. If employment disappoints again this time, the expectation for an interest rate cut before the July Fed meeting will be fully realized—remember this magical logic: the worse the data, the more excited the crypto world!

2️⃣ July 15: June CPI! The market is betting on a core CPI drop below 2.8%. If it doesn’t drop enough... well, a stagnation in the economy combined with sticky prices will be directly on stage! If CPI really drops, employment will take a hit, and a rate cut in September will be a sure thing!

3️⃣ July 23-24: The European Central Bank will hold a meeting! The Eurozone economy is barely alive, and the media is hinting at another 0.25% cut. If it really happens, the dollar index will kneel, while Bitcoin will get a sip of liquidity soup.

4️⃣ July 29-30: The main event of the Fed meeting! GDP has declined for two consecutive quarters, and Twitter is already in an uproar—it's very likely that the Fed will jump the gun and cut rates! As long as Powell adopts a dovish stance, the market will go wild; but if there’s a sudden change, beware of a waterfall sell-off!

5️⃣ July 31: The initial value of Q2 GDP will be announced! The current market estimate is only 0.5%-0.8%, and a technical recession may be confirmed...

[Crypto Hidden Dangers] A wave of altcoin unlocks is coming:

⚠️ July 2: Ethena’s ENA will unlock 0.67. July 3: SUI will unlock 1.3% (worth $136 million released)

⚠️ July 12: $APT will unlock 1.76% (worth $90 million released)

This wave of July market is: macro data in a tug-of-war, and hidden currents in the crypto market! Remember three sentences: 1. The Fed is being grilled 2. The ECB wants to be a heroic figure 3. Altcoin unlocks are ticking time bombs! Buckle up, everyone; the July roller coaster is about to take off!