In the crypto world, data is not just numbers, it's ammunition! Tonight at 20:30, this gun will fire with U.S. retail data; will you hide in a bunker or rush out to grab ammunition?
Core Viewpoints
Tonight at 20:30, the U.S. will announce the July retail sales month-on-month rate, with market expectations for a growth of 0.5%, but internal data from Bank of America predicts it could soar to 0.8%! This 'terrifying data' not only affects the U.S. dollar and U.S. stocks but could also ignite the cryptocurrency market! If the data exceeds expectations, the Federal Reserve's interest rate cut expectations may cool down, putting short-term pressure on Bitcoin; if it falls short of expectations, the market will bet on a rate cut in September, and Bitcoin may welcome a new round of explosive growth!
Opportunities in the crypto world behind the data
If the data exceeds expectations: the U.S. dollar may strengthen in the short term, and Bitcoin may face adjustment pressure. However, in the long run, the resilience of U.S. consumption means an increased probability of a soft landing for the economy, and institutional funds may continue to flow into the crypto market.
If the data is below expectations: the market will strengthen the expectation of a September rate cut, the U.S. dollar will weaken, and mainstream coins like Bitcoin and Ethereum may experience a violent surge!
If it meets expectations: market reaction may be muted, but need to focus on core retail data; if consumption remains strong after excluding automobiles and gasoline, Bitcoin may be supported.
Brother Long's Viewpoints
Short-term may experience severe volatility: once the data is released, Bitcoin is likely to experience sharp ups and downs; short-term players should be cautious not to get liquidated!
Long-term still bullish: Regardless of the data, the big trend hasn't changed—institutions and retail giants are entering the market, and Bitcoin will eventually break new highs!
The retail industry's embrace of crypto is a big signal: even fast food restaurants and gas stations are starting to accept Bitcoin payments, indicating that cryptocurrency is becoming mainstream and will only be worth more in the future!
Brother Long's Suggestions
Short-term traders: Before and after the data is announced, BTC may experience severe fluctuations; it is recommended to set stop-loss orders to avoid liquidation!
Long-term holders: Any pullback is a buying opportunity; the retail industry is accelerating its embrace of cryptocurrency, and by 2025, BTC may break previous highs.
Tonight's market will either explode in profits or explode in liquidation, it all depends on how you operate! Follow Brother Long for timely interpretations of the data and seize this wealth opportunity!#美国7月PPI年率高于预期