The latest U.S. employment data has stunned the market. In July, non-farm payrolls increased by only 73,000, far below analysts' expectations. Even more noteworthy is that the employment data for May and June was also significantly revised down. This unexpected weakness has immediately triggered a reassessment of the Fed's monetary policy direction.

After the data release, market expectations for the Fed to cut interest rates by 25 basis points in September surged abruptly. Currently, this possibility has skyrocketed from previously being less than 50% to over 80%. This change aligns with the previous judgments of many analysts, making it almost certain that a rate cut in September will become a reality.

If the expectation of interest rate cuts is validated, the market is likely to react in advance in August. Investors can anticipate a wave of market movements triggered by this. However, it is important to note that a short-term market correction does not imply a change in the long-term trend. On the contrary, this may be a normal operation for institutional investors to reshuffle the market and adjust their positions.

For astute investors, this pullback may provide a great opportunity to buy at a low price. In the financial markets, daring to go against the trend and seizing opportunities that others overlook can often yield excess returns.

In the current market environment, the cryptocurrency market may receive special attention. As uncertainty in traditional financial markets increases, some investors may turn their focus to crypto assets in search of diversifying investment risks. However, investors still need to be cautious, fully assess risks, and make proper asset allocation.