⚡️ According to CME data, the probability of the Fed cutting interest rates by 25 basis points in September is already as high as 99.4%.
Interest rate cuts are already on the string, and they are certain.
At 8:30 tonight, the non-farm payroll data was released, and the market's expectation for the unemployment rate in August was 4.3%.
If the data is bad enough for the unemployment rate to climb further to 4.4% or higher, we may see a more aggressive 50 basis point rate cut in September!
Unless the new employment data is extremely strong, it needs to reach more than 130,000 people, accompanied by an upward revision of the previous value, which may completely dispel the market's expectations of interest rate cuts.
📈 There is a faint feeling of momentum, can you break the evil September curse?
Check out what events to watch this month –
1⃣ On September 5, the United States released August non-farm payroll data, which was very important, with a previous value of 73,000 and an expected value of 75,000.
2⃣The CPI data released by the United States on September 10 is very important, which can better reflect the real inflation trend. If the CPI data weakens, BTC has more upward momentum.
3⃣On September 17, the Fed's interest rate decision, Powell's speech was the core anchor point for determining market expectations, and it was no surprise that interest rate cuts were about to begin.
4⃣ With the token unlocking wave, SUI, Arbitrum, Aptos, etc. will release more than $4.5 billion in tokens, and the short-term altcoin market may bring selling pressure.
5⃣There will be quarterly contracts and options delivery on September 26, pay attention to this node, there may be a drastic change of positions.
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