8:30 PM tonight! Two major nuclear data points are about to explode in the crypto market! BTC may welcome a stormy bloodbath!
Attention, crypto friends! At 8:30 PM tonight, two 'financial nuclear bombs' are about to detonate in U.S. economic data, and the 'nuclear reactor' of Bitcoin may tremble violently! According to the latest analyzed confidential data, this economic storm will directly determine whether BTC at $118,500 is heading to the moon or plunging into the abyss!
First Nuclear Bomb: Unemployment Claims Data Hides Danger
The number of initial jobless claims in the U.S. for the week ending July 26 is about to be released! The previous value of 224,000 has already put the market on edge, and this time's forecast of 217,000 seems mild but hides a danger—if the actual data is lower than predicted, it means more Americans are finding jobs, and the roar of the economic engine will stimulate a frenzy for risk assets, allowing BTC to potentially break through the $120,000 mark! However, if the data exceeds expectations, the shadow of unemployment will loom over the market, and funds may rush to escape to the dollar as a 'safe haven,' leading BTC to face a bloodbath!
Second Nuclear Bomb: Inflation Data Determines Life and Death
More deadly is the U.S. June Core PCE Price Index! This indicator, regarded by the Federal Reserve as the 'Holy Grail of Inflation,' has a previous and predicted annual rate of 2.7%. Beneath the seemingly calm numbers, currents are swirling—if the actual value is equal to or lower than the forecast, the signal of cooling inflation will ignite the market's frenzy for 'Federal Reserve rate cuts,' and BTC may experience a sprint-like surge! However, if the data unexpectedly spikes, the inflation beast will shred all illusions, and the crypto market may face a bloodbath of sell-offs!
Crypto Market's Life and Death Moment: Where Will BTC Go?
BTC is currently stuck at the critical level of $118,500, with bulls and bears in a fierce battle! If both data points soar, BTC could skyrocket to $130,000; if the data disappoints, the $110,000 support level might be lost, triggering a chain reaction of liquidations! Even more exciting is that institutional funds have already been positioning themselves in the shadows, and tonight's market may showcase the classic crypto scene of '30 seconds of wild surges and drops'!
Tonight may become a double kill night for bulls and bears!
Remember this time: 12:30 AM Beijing time on August 1 (8:30 PM Eastern time on July 31)! The moment the data is released, the candlestick chart may draw a 'rollercoaster-like' vertical curve, and the futures market will showcase a million-dollar liquidation spectacle! Whether you are bullish or bearish, it's time to buckle up—because after this financial storm, the crypto market will see a new batch of 'rich legends' or 'tragic stories of rooftop meetings'!
Personal Opinion:
Tonight's data is a 'life and death situation' for BTC! The unemployment claims and PCE dual indicators are like two swords of Damocles hanging over the crypto market, with $118,500 serving as the dividing line for bulls and bears. If the data is favorable, BTC may break through $120,000; if the data disappoints, the $110,000 support level may be breached. Retail investors are advised to closely monitor institutional movements to avoid blindly chasing highs and cutting losses, as the crypto market has never lacked 'riches-to-rags' stories and 'zero overnight' tragedies! Follow this account for real-time data analysis!
Tap the avatar and follow the judge to stay on track! A professional team will guide you through the market fog, and the opportunity to double your investment is right in front of you. #美联储利率决议 #稳定币热潮