Next week (7.21-27) the market will face an "Information Bombardment Week"💥! #以太坊突破3700
Three major highlights directly determine the rise and fall:
1️⃣ The European Central Bank is going to be slapped in the face😅
The rate cut in June was purely a political stunt, and as a result, inflation rebounded to 2.7%! This week, it is highly likely to shift to a hawkish stance and pause the rate cuts, Lagarde's face is going to be swollen👋
2️⃣ Global PMI data bombardment📊
On July 24, PMI data from the US, Europe, UK, Japan, and other countries will be released in succession; this is the thermometer of the economy🌡️
⚠️ Key points to watch:
- Is manufacturing inventory replenishment just a false fire or real demand?
- Can the service industry sustain a soft landing? (If inflation doesn't come down, rate cuts in September will be off the table❄️)
3️⃣ Life and death of tech giants📜
The financial reports of Google and Tesla will directly determine whether the AI narrative can still be inflated:
- Google: Can the high valuation hold up?🤔
- Tesla: Can the Robotaxi dream come true? Is there enough money left to burn?🔥
If the financial reports go bust, it is advisable to gradually escape from AI concept coins🏃♂️
This week, market sentiment will be more thrilling than a roller coaster🎢, fasten your seatbelt!
