BlockBeats News, June 30: The U.S. bond market rebounded strongly, with the 10-year yield falling to 4.26%, marking its best first-half performance in five years. The market widely believes that the Fed will cut interest rates twice this year. Data shows that while the probability of a rate cut in July is low, it has risen to 20%. Investors are overlooking the uncertainty of Trump's tax reform and focusing on the upcoming employment data and inflation trends. If the non-farm payrolls data is weak and inflation remains under control, it will significantly increase market expectations of an earlier rate cut.
Bitunix Analyst Recommendation:With the expectation of increased liquidity, there is a short-term rebound opportunity for crypto assets. If BTC holds above $106,000, it is expected to challenge the $110,000 resistance range. It is advised to trade with the trend but maintain a controlled position size. Pay attention to the non-farm payrolls data and June CPI performance. If there is a clear weakness in these indicators, it will reinforce support for risk assets. Conversely, one should still guard against downside risks. For the medium term, wait for clarity on the Fed's policy before adjusting positions.
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