I just said why Sideways! This week the crypto world enters the "data bombardment period", two possibilities under the BTC Sideways deadlock: is it breaking upwards, or is it first pouring cold water?

From July 30 to August 1, three major events will take place intensively, each of which could become a "catalyst" to break the BTC sideways deadlock! Follow for updates!

1. Federal Reserve decision + Powell's speech (July 30): The consensus is to pause interest rate hikes, while the signal for rate cuts is the "hidden line".

Powell's speech is key:

- Easing signals (cooling inflation, earlier rate cuts) → Pressure on the dollar, BTC hitting the upper side of the sideways movement;
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- Hold a hawkish stance (anti-inflation, prolonged high interest rates) → Expectations of liquidity tightening rise, BTC faces selling pressure.

2. U.S. GDP Data (July 31): Economic "Hot and Cold" Determines Market Sentiment

The GDP of the United States in the second quarter is a core indicator of economic vitality:

- Beyond expectations → Strengthen "strong economy, not in a hurry to cut interest rates", suppress risk assets (including BTC);
- Below expectations → points to "economic pressure, need for interest rate cuts," which is beneficial for BTC rebound.
The current key level for BTC is sideways, and GDP is likely to be the first hammer to break the balance.

3. Non-Farm Payroll Report (August 1st): The labor market is the last "puzzle piece".

Non-farm payrolls are the "barometer" for the Federal Reserve to observe employment:

- Strong data (more job additions, lower unemployment rate) → The Federal Reserve is more likely to maintain high interest rates, suppressing BTC;
- Weak data (low new additions, rising unemployment rate) → Market bets on near interest rate cuts, BTC gains rebound momentum.

Three major events are dovish (pause in interest rate hikes + signals for rate cuts + weak data + cold non-farm): BTC may surge and break out of the sideways movement.
Dovish (pause but anti-inflation + strong data + hot non-farm): The market first throws cold water, BTC may test lower. $U2U $NEIROETH $ORDER $SWELL $WHY $SUNDOG $CEC $BTC $ETH $DOGS $IOST $LTC $BCH