Today's panic index is 51, down to a neutral state.

Last night, the market experienced a slight rise due to the US releasing JOLTS data that was lower than expected, which is favorable for interest rate cuts. As a result, both the US stock market and cryptocurrency markets turned optimistic. However, the actual employment situation will need to wait for the non-farm payroll data to be released on Friday. Tonight, the US will first announce the small non-farm payroll, unemployment numbers, and ISM Services PMI. Although the main event is on Friday, a host of employment-related data tonight is also expected to bring some volatility to the market. Currently, the trend appears optimistic; as long as the non-farm payroll data does not show significant issues, the chance of an interest rate cut in September will be very high. However, it is also important to pay attention to the risks related to favorable news. Planning the September deployment after confirming the trend on Friday is also an option.