#美国经济数据影响# Analyzing the recent Bitcoin trend, I believe there is a high possibility of continuing the seasonal weakness seen in August. On one hand, the key technical support level of $29,000 has been broken, and market sentiment has turned cautious; on the other hand, the downward adjustment of U.S. labor market data has triggered macroeconomic uncertainty, similar to the situation last year. Considering that the market has already anticipated two rate cuts, with the first cut possibly as early as September, risk assets may continue to remain weak before there is a clear improvement in the economic and market fundamentals. It is recommended to closely follow the Fed's policy direction and changes in economic data, and adjust strategies accordingly.

BTC1.77%
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