Tonight's retail data feels a bit overly 'distorted' to me, as if they have engineered a number that neither triggers stagflation nor interferes with the interest rate cuts in September, it's quite a coincidence,

Of course, these are all speculations, and I have no evidence. After the data was released, many people said it wouldn't have much impact on the market. Indeed, at the moment, both the safe-haven market and the risk market have not shown much volatility, and the impact of the data is relatively small.

Next, we will wait for the U.S. stock market to open. Without guidance from macro data, the U.S. time zone will mainly be driven by the U.S. stock market's influence on the risk market.

To be honest, this data shows the stability of the U.S. economic structure, which is somewhat favorable for U.S. stocks. However, it doesn't provide much positive effect for #Bitcoin, and the probability of a rate cut in September has indeed been slightly weakened.

Next, let's see if the U.S. stocks tonight can drive BTC. However, today is Friday, and the U.S. stocks may be relatively cautious.