Bitunix analysts: The strong performance of U.S. Treasury bonds boosts the market's early bets on interest rate cuts, and the short-term encryption sector welcomes a recovery opportunity for liquidity expectations.

According to Mars Finance news, on June 30, the US Treasury market rebounded strongly, with the 10-year yield falling to 4.26%, marking the best performance in the first half of the year in five years. The market generally bets that The Federal Reserve (FED) will cut interest rates twice this year; data shows that the probability of a rate cut in July, although low, has risen to 20%. Investors are overlooking the uncertainty of Trump’s tax reform and focusing on the upcoming employment data and inflation trends. If the US Non-farm Payrolls (NFP) data is weak and inflation remains under control, it will significantly raise market expectations for an early rate cut. Bitunix analysts suggest: With liquidity expectations rising, encryption assets may have a short-term rebound opportunity. If BTC holds steady at $106,000, it is likely to challenge the $110,000 range resistance. It is advisable to operate in line with the trend but to control positions, paying attention to the US Non-farm Payrolls (NFP) data and June CPI performance. If there is a significant weakness, it will strengthen the support for risk assets; conversely, one should still guard against the risk of a decline. In the medium term, wait for clarity on the Federal Reserve's policy before making position adjustments.