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The current market trend is clear, and investors are holding their breath for the unemployment claims data to be released tonight at 20:30. Looking back to last week, the release of the unemployment claims data dealt a heavy blow to the bulls, causing a significant impact on the market.
The impact direction of the data to be released tonight is still unclear. It could become a bullish factor that suppresses the bears, or it could trigger severe fluctuations. In the face of such uncertainty, investors should proceed with caution.
In this case, the wisest strategy is to strictly control positions, and it may even be worth considering temporarily holding cash to observe, avoiding blind operations. Maintaining patience and waiting for clearer market signals before making decisions is often the wise choice.
In addition to focusing on unemployment benefits data, investors should also closely monitor the performance of assets such as SCR and MEME. Recently, the MEME coin craze driven by celebrities, the upcoming Jackson Hole meeting, and the minutes from the Federal Reserve's July meeting may all have significant impacts on the market.
Overall, in the current complex and ever-changing market environment, it is crucial to remain calm and rational. Careful observation and moderate participation are essential to seize opportunities and mitigate risks amid fluctuations.