When Americans' 'shopping' data meets the Federal Reserve's rate cut scale tonight, where will this big ship in the crypto circle head? The answer may be hidden in ETH's K-line!
Tonight's data: One number, two destinies
The U.S. June retail sales data announced tonight at 20:30 seems to show 'how full the shopping carts of the common people are', but in fact, it's the starting gun for the September rate cut
Current market expectations suggest data will reverse May's decline (last month down 0.33%), if that's true:
Positive scenario: Weak data → Economic cooling is solidified → September rate cut probability soars → Risk assets (BTC/ETH) kick off a celebration party.
Negative scenario: Consumer spending exceeds expectations → Inflation ghost reappears → Rate cut expectations halved → The crypto circle may face a short-term bloodbath.
Key contradiction point: Federal Reserve Chairman Powell once stated - 'Rate cuts require inflation to be fully tamed', while Trump shouted, 'Cut rates by 300 basis points immediately'. Tonight's data is the arm wrestling arena for these two giants!
The 'dark current code' of the crypto market: ETH is the real protagonist
Don't just focus on BTC! Three major signals reveal ETH is stealing the hearts of institutions:
Funding reveal: Grayscale ETHE saw an outflow of $120 million, but the whale SharpLink Gaming swept up 9,420 ETH in one day (about $425 million), and sovereign funds secretly built positions over $5 billion;
Volume comeback: ETH perpetual contract daily trading volume reaches $90.8 billion, first time crushing BTC's $82.9 billion, crowned as king of contracts;
Anti-dip property: CME announced refusal of Meme coins, focusing on 'infrastructure-type tokens', ETH becomes the biggest beneficiary (SOL, XRP follow suit).
Retail investors' blood and tears lessons:
Last month, the Trump family's coin WLFI surged 1250% and then crashed 80%, and the token LIBRA backed by the Argentine president went to zero overnight
Celebrity air coin, whoever believes pays the bill!
Tonight's strategy: How can retail investors 'snatch food from the tiger's mouth'?
While you are watching the market, the manipulator is watching you; while you focus on convergence, convergence directly penetrates the manipulator's bottom line - the mantis stalks the cicada, unaware of the oriole behind
Institutions have already laid out: CME is testing 7×24 hour crypto trading, ETH may shake off the 'pinning nightmare' this weekend
The shortcoming of retail investors is the dinner for the big crocodiles!
Tonight at 20:30, when America's 'shopping' data meets the Federal Reserve's scale: Is it a bull turn? Or will bears emerge? The answer is hidden in the K-line, but the truth is always one layer less than the surface
Want to know whale operation signals 10 minutes in advance?
Tonight at 19:00, the convergence team unlocks:
On-chain data 'sneak peek' at institutional bottom line techniques
ETH breaks through $3500's three major powder kegs
The formula for picking up bloody chips during a crash
Focus on convergence, be a sober hunter, and don't become the fuel for the celebration!
