Odaily News: According to Lookonchain monitoring, US Bitcoin ETFs saw a net inflow of 1,673 BTC today, with a 7-day net inflow of 7,306 BTC; Ethereum ETFs recorded a net inflow of 42,756 ETH today, with a 7-day net inflow of 85,091 ETH.

Odaily News: Whale "Set 10 Big Goals First" shared market views on X platform, writing "the last chance to get on board." Previously, they noted that the current market offers too low a risk-reward ratio for shorting, and that it is already a stage-by-stage bottom. They also sense that Bitcoin is likely about to break out and initiate a new round of upward momentum, fearing they might miss the starting signal.

Odaily News: According to market reports, Strategy MSTR's stock price has just risen above $102 for the first time in over two weeks. (BitcoinTreasuries)

Odaily News: According to MSX.COM data, the US stock storage sector is rapidly declining, with all stocks turning downward. SK Hynix and Seagate Technology both fell by 3%.

Odaily News, according to MSX.COM data, the US optical communications sector opened higher, with Coherent up over 11%, Credo up over 7%, Corning and Lumentum each up over 6%, and Marvell Technology up over 4%.

Odaily News: Whale "Set 10 Big Goals First" showcases recent Bitcoin long position gains on X platform. According to the image shared, the Bitcoin long position opened below $64,000 has unrealized profits exceeding $4 million, with a position holding over 3,528 BTC.

Odaily News: According to MSX.COM data, shares of cybersecurity company Cloudflare jumped 12% at the market open, reaching a record high.

According to MSX.COM data, the US AI hardware sector showed strength, with Nvidia stock up 1.2%, TSMC up 1.41%, Broadcom up 2.06%, SK Hynix down 1.48%, Micron Technology up 1.77%, AMD up 0.92%, ASML up 2.9%, Intel up 3.33%, Lam Research up 1.05%, and ARM up 3.54%.

Odaily Planet Daily News According to Lookonchain monitoring, the trader who previously established a short position of 1,600 BTC has reduced their position by another 500 BTC (approximately $32.58 million) to lower liquidation risk. Currently, the trader's cumulative losses have exceeded $1.5 million, with the remaining short position at approximately 900 BTC (worth about $58.6 million). Following the completion of the position reduction, the liquidation price for this short position has moved up to near $64,998.73.

Odaily News Crypto analyst Ai stated on the X platform that multiple technical indicators on Bitcoin's monthly chart are flashing bullish signals, suggesting that the market may have formed a macro bottom. Data shows that the TD Sequential indicator triggered a buy signal on Bitcoin's monthly chart last month. This indicator previously succeeded in identifying the 2022 bear market bottom, and a similar signal has now emerged again.

Additionally, Bitcoin's current price is near the 50-month simple moving average (SMA). Historical data shows that since 2014, this long-term moving average has repeatedly served as a key support zone for Bitcoin and has corresponded with multiple market bottoms. Meanwhile, the Chande Momentum Oscillator (CMO) has fallen back to around -71. The last time this indicator reached a similar level was in June this year, when Bitcoin's price briefly dropped toward $57,000. Historically, extreme CMO lows often coincide with market bottom zones.

Analysts believe that Bitcoin may continue to consolidate within the $60,000 to $67,000 range in the short term, but the TD Sequential buy signal, support from the 50-month moving average, and the oversold CMO condition collectively suggest that a long-term cyclical bottom may have already formed. The market will be watching whether the price can break out of the consolidation range to confirm a new round of upward trend.

Odaily News: White House Economic Advisor Hassett commented on the U.S. July jobs data, stating that it eases the pressure on the Federal Reserve to raise interest rates. He noted a slight softening in the participation rate, with baby boomers retiring, and that government employees and World Cup-related employment were partly responsible for the weak jobs figures. (Jin10)

Odaily News The U.S. labor market has shown notable signs of cooling. Data shows that U.S. non-farm payrolls decreased by 23,000 in July, far below the market's previous expectation of an increase of 85,000, missing expectations by 108,000 — marking the third-largest monthly decline since the onset of the pandemic in 2020. Meanwhile, June's non-farm payroll figures were revised down by 37,000, further signaling a weakening trend in the labor market.

Following the release of the employment data, market expectations for a September rate hike by the Federal Reserve quickly declined. Data indicates that the probability of a September rate hike dropped sharply from roughly 70% to 40%, prompting investors to reprice the future path of Fed policy. Analysts suggest that a lower probability of rate hikes typically benefits risk assets, but the underlying reasons — weakening economic growth and a softening labor market — could also heighten market risk aversion. At the same time, gold prices have surpassed $4,400, reflecting rising demand for safe-haven assets.

For Bitcoin, the current market presents a dual impact: on one hand, a shift toward looser Fed policy could boost risk appetite, which is positive for crypto assets; on the other hand, continued deterioration in the labor market could limit upside potential for the market. The market will be watching next month's non-farm payroll data to see whether it further confirms the trend of slowing employment. If labor weakness persists, it could reinforce expectations of a Fed pivot toward easing — but it could also intensify concerns of an economic recession.