#美国零售数据逊预期 #美国科技基金净流

It means that Americans are spending less money!!

This indicates that the economy is cooling down, and the market is betting that the Federal Reserve will lower interest rates, which is favorable for cryptocurrencies, but there will be fluctuations in the short term.

 1. This data is not great, let's discuss it a bit: Retail data = total amount that Americans spend while shopping, online shopping, dining, etc. This time it was worse than expected, indicating that people are reluctant to spend money, don't want to spend money, or don't have money to spend.

In simple terms: The US economy is not that hot anymore, and inflation pressure will decrease.

 2. The most critical impact on cryptocurrencies: Expectations of interest rate cuts! The Federal Reserve only looks at two things: 1. Is inflation high? 2. Is the economy hot?

Now:

Economic cooling → Inflation is easier to suppress → The Federal Reserve is more likely to cut interest rates sooner. What does cutting interest rates mean?

1. More dollars.

2. Keeping money in the bank is not profitable.

3. Funds will flow into risk assets like stocks, cryptocurrencies, and gold.

So this is favorable for $BTC/ETH!! That's all, please imagine the rest yourself!!