US stocks fluctuate violently, the crypto market pulls back and rebounds, investors follow economic data.

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The fluctuation of US stocks intensifies, and crypto assets encounter a pullback

This week, the US stock market experienced the largest fluctuation since 2019, although the overall performance remained basically flat. The market moved like a roller coaster, with a rebound following a panic sell-off on Monday, followed by another decline. On Thursday, unemployment data triggered bottom-fishing sentiment, and Friday continued the rebound but at a slower pace.

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

In the past week, the stock market and the Crypto Assets market have been closely linked. The themes of concern in the market are the U.S. recession and the unwinding of yen arbitrage trades, but this may be an overinterpretation. The real panic was very brief, and there was no situation of selling off all assets as in times of crisis.

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

From the data, the current performance of the US economy is good, with steady growth in corporate profits. The likelihood of Japan continuing to raise interest rates is low. The sell-off on Monday seems more like an unexpected mistake, and further observation of data changes is necessary. In the short term, US30 and US500 may outperform US100, but the cyclical sector has lagged recently, and a larger rebound cannot be ruled out.

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongfully Killed

Cycle Capital Macro Weekly Report (8.12): Overreaction to "Recession Trade" in US Stocks, Mainstream Crypto Assets Wrongfully Hit

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

The rise in bond prices has provided a buffer against the decline in the stock market. Recent interest rates have dropped significantly, and unless there are clear signs of recession, the current pricing may be excessive. In the coming weeks, the U.S. interest rate market may exhibit a pullback pattern after a rise, but in the long term, it remains in a buy-on-dips trend.

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Hit

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Oversold

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Misjudged

The crypto market has experienced the most dramatic pullback since the FTX crisis, with Bitcoin's price once dropping over 15%. Due to external shocks causing this, and the technical aspects being severely oversold, a strong rebound followed. Institutional investors maintain a relatively optimistic attitude towards the crypto market.

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Mispriced

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Hit

Cycle Capital Macro Weekly Report (8.12): U.S. Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Punished

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): Overreaction on "Recession Trade" in US Stocks, Mainstream Crypto Assets Wrongly Hit

Cycle Capital Macro Weekly (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wronged

Cycle Capital Macro Weekly Report (8.12): U.S. Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): U.S. Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Undervalued

Cycle Capital Macro Weekly Report (8.12): U.S. Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Mispriced

Cycle Capital Macro Weekly Report (8.12): Overreaction to "Recession Trade" in US Stocks, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): U.S. Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): U.S. Stocks "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Wrongly Killed

Cycle Capital Macro Weekly Report (8.12): US Stock "Recession Trade" Overdone, Mainstream Crypto Assets Misjudged

Cycle Capital Macro Weekly Report (8.12): U.S. Stock "Recession Trades" Overdone, Mainstream Crypto Assets Wrongly Affected

Overall, the recent market fluctuations have intensified, but there has not yet been a large-scale panic sell-off. Investors still need to closely monitor the upcoming economic data such as CPI and retail sales, as well as important events like the Jackson Hole meeting and NVIDIA's earnings report, to assess the economic outlook and policy direction.

Cycle Capital Macro Weekly Report (8.12): Overreaction to "Recession Trade" in U.S. Stocks, Mainstream Crypto Assets Wrongly Killed

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consensus_failurevip
· 08-18 08:09
I fully swapped for BTC, buy the dip and that's it.
View OriginalReply0
down_only_larryvip
· 08-17 05:01
It's not a Bear Market, so why are you acting so timid?
View OriginalReply0
OneBlockAtATimevip
· 08-17 05:00
What's everyone panicking about? It's just a periodic adjustment, just HODL.
View OriginalReply0
Deconstructionistvip
· 08-17 04:56
Rebound and it's done, it's all虚的
View OriginalReply0
0xOverleveragedvip
· 08-17 04:45
I laughed at the pump, it's obvious that the market maker is a fixer.
View OriginalReply0
GateUser-521a7c4fvip
· 08-17 04:32
#BTC# Bitcoin and bees, working together to build a bright and sustainable future. The best performance of the digital hive. BTC#ETH SOL XRP BNB. SOL DOGE PI buy buy buy persist in buying, coins with low market capitalization have many opportunities and could turn into 9999$ in a few days. One day it will make you smile widely. Lying flat and wanting to do whatever you want, my life is up to me, not dictated by heaven. Waiting is giving yourself the best harvest. Persistence is still necessary, exchanging time for space will allow you to lie flat and freely buy buy buy. The whales are coming, pump to 9999$ BEES.
View OriginalReply0
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