Good morning 🌞🌞🌞 Last night's data was impressive, non-farm data exceeded expectations, and the unemployment rate unexpectedly fell.
The Fed is unlikely to cut interest rates in July, but Bitcoin can hold steady, indicating that there is ongoing capital inflow and institutions continue to increase their positions in Bitcoin.
Currently, although the U.S. is not cutting interest rates, the current rates are at their peak, and U.S. real estate yields are too high.
What we should pay attention to now is that July 9th is the deadline for a significant increase in tariffs by the U.S., and a large number of trade agreements will be announced, leading to considerable market volatility.
Yesterday, the U.S. 'Big and Beautiful' bill was passed, which will increase U.S. debt by $3.4 trillion. In the long run, this will also be beneficial as production shifts from U.S. real estate to BTC.
Short-term macroeconomic headwinds may slightly suppress long-term bullish trends.
Yesterday, the U.S. 'Big and Beautiful' bill was passed, which will add another $3.4 trillion to U.S. debt. We have analyzed this a few times, it is a short-term negative, but in the long term, it favors the shift of assets from U.S. debt to BTC. Predicting short-term corrections is not very meaningful; the long-term outlook is bullish, so be patient and hold onto your positions without going to cash.
It’s better to enjoy together than to be alone; if you reach out, I can help you to the shore!!
SUI TURMP BONK PEPE OM SOL PNUT
