The non-farm employment number for July in the United States, released last night, increased by 73,000, far below market expectations, while the unemployment rate rose to 4.2%, consistent with the market median estimate.

The July non-farm data in the U.S. was a big surprise, prompting the market to urgently bet on a rate cut in September! The technical aspect of Bitcoin shows a further need for a short-term correction #加密市场回调