#非农就业数据来袭# The latest non-farm payroll data for June shows that the U.S. added 147,000 jobs, and the unemployment rate fell to 4.1%, performing better than expected. This data has lowered market expectations for a rate cut by The Federal Reserve (FED), with the probability of a rate cut in September dropping from 98% to around 70%. For the crypto market, the delay in rate cut expectations may suppress short-term pump momentum. However, if The Federal Reserve (FED) delays the rate cut, the market may need a longer time to consolidate. Nevertheless, September remains a critical time point; if economic data weakens, expectations for a rate cut may heat up again.