Dear Crypto Assets enthusiasts, today is August 1, 2025, Friday, an important day worth following. Global economic data is about to be released one after another, and this data is likely to have a significant impact on the Bitcoin market. Let's analyze the potential effects of this data and how to respond to possible market changes.

First, the Chinese economic data is making its debut. At 9:45 AM today, China's July S&P Global Manufacturing PMI data will be released. This indicator reflects the activity level of China's manufacturing sector and has an important impact on global market sentiment. If the data performs well, it may boost global market confidence, thereby driving up high-risk assets such as Bitcoin. Conversely, if the data is poor, it may trigger cautious sentiment in the market, putting short-term downward pressure on Bitcoin.

At 10 o'clock sharp, the National Development and Reform Commission held a press conference. The direction of policy has a profound impact on the market, especially policies related to economic stimulus or encouragement of innovation, which may become favorable factors for Bitcoin. According to morning data and policy signals, the market experienced slight fluctuations, but the overall atmosphere is still acceptable: the PMI data barely passed, and the Development and Reform Commission reiterated its stance on stabilizing economic growth.

However, the most critical moments are still ahead. The release of economic data from Europe and the United States may trigger a larger market reaction. This data includes important indicators such as the Eurozone Manufacturing PMI and the U.S. Non-Farm Payroll report. These data will directly affect the monetary policy direction of major global economies, thereby impacting the performance of digital assets like Bitcoin.

In the face of such a market environment, investors need to stay vigilant and closely follow the release of various data and market reactions. At the same time, they should also做好风险管理 to avoid excessive leverage. No matter how the market fluctuates, maintaining calmness and rationality is always the key to successful investment.

Let us look forward to the data release tonight and see how the Bitcoin market will interpret this grand performance of global economic data.