Eurozone August ZEW Economic Sentiment Index

#UMB#will it rebound?? looking forward to 100×😎

#UMB#It is with a heavy heart that we announce Umbrella Network will be ceasing operations in September 2025. It has been an incredible few years since our founding in 2021. Since then, we have launched our innovative Layer 2 oracle solution, our Bridge and Passport solutions, expanded into new ecosystems, and developed our current on-chain oracle solution and partnerships with well-known Layer 1s. We have accomplished so much together.

The financial market is highly focused on the upcoming August U.S. non-farm payroll data. Analysts generally expect an increase of 75,000 in non-farm employment for August, with the unemployment rate potentially rising slightly from 4.2% to 4.3%. It is noteworthy that the July data was significantly revised down to an increase of 73,000. Currently, the market's expectation probability for the Federal Reserve to cut interest rates by 25 basis points in September has exceeded 90%. This non-farm data will become one of the important reference indicators before the Federal Reserve's decision. The recently released economic indicators provide us with some clues. In August, the ADP employment number (commonly known as "small non-farm") increased by only 54,000, lower than the expected 65,000. The Federal Reserve's latest "Beige Book" also shows that employment levels remain stable in most regions, but half of the regions report a decrease in immigrant workers, especially in the construction industry. Furthermore, Nomura Securities expects that the annual benchmark revision by the Bureau of Labor Statistics could be drastically lowered by 600,000 to 900,000 jobs; however, this expectation has already been absorbed by the market. The impact of non-farm payroll data on the cryptocurrency market is mainly realized through affecting the expectations of the Federal Reserve's monetary policy and market risk appetite. If the data is below expectations, it may strengthen concerns about economic slowdown and enhance market expectations for a Fed rate cut in September. This usually leads to a weakening of the dollar, improving market liquidity expectations, which is favorable for risk assets like Bitcoin. However, it should be noted that if the data is extremely weak, it may trigger recession concerns, putting short-term pressure on risk assets. Conversely, if the data is stronger than expected, it may indicate that economic resilience still exists, which could weaken market expectations for an immediate or significant rate cut by the Federal Reserve. In this case, the dollar may strengthen, market liquidity expectations may tighten, and this could put pressure on risk assets such as Bitcoin. If the data generally meets expectations, the market response may be relatively calm, possibly maintaining a volatile pattern while waiting for more economic indicators. Investors may pay more attention to the details of the employment data, such as wage growth, as well as subsequent policy statements from Federal Reserve officials. In any case, this non-farm payroll data will become an important indicator for observing the direction of the U.S. economy and predicting the direction of monetary policy, and is worth close attention from market participants.

What exactly is a good project narrative? Large market, with application scenarios, can be implemented, and can bring in fresh blood. All the above points are indispensable. Last week I pumped XPIN, and it has already risen by 100% now. The market value has also risen from outside the top 2000 to the current 1046. I did some in-depth research to find out why it is rising. First, the project narrative is good:

Recently, I have been going back and forth on Sui, but in the end, I returned to Momentum. The reason is simple: there is a lot of money, many people, and high activity. Many projects are still desperately trying to pump funds, but it has already started running. The following is an update on the progress of some projects and some key data: The locked-up amount has exceeded 180 million US dollars. Total trading volume 10 billion US dollars Over 2 million users