There is still a data meeting tonight that will short-term impact the market

US July Retail Sales MoM

The market generally expects it to be 0.5%, slightly lower than June's retail data of 0.6%, indicating that the market anticipates a decline in inflation, intensifying interest rate cut expectations, which is favorable for US stocks and cryptocurrencies

If the retail data is greater than 0.5%, far exceeding expectations, it could worsen panic selling in US stocks and cryptocurrencies

If the retail data equals 0.5%, meeting expectations, US stocks and cryptocurrencies may experience differentiation and oscillation consolidation

If the retail data is less than 0.5%, falling short of expectations, US stocks and cryptocurrencies may rebound from overselling, but the market space is limited