The 'main explosive multiple orders' have sold out 14.37 million US dollars across the entire network in the past 1 hour, with multiple orders selling out 7.85 million US dollars

Federal Reserve Governor Lisa Cook stated that the July employment report and previous data revisions may indicate a turning point for the US economy. The data shows that the number of non farm employees increased by 73000 in July, but the data for the first two months was revised down by 260000, and the unemployment rate rose to 4.2%.

San Francisco Fed President Daley said that the weak labor market and the short-term impact of tariffs on inflation may prompt the Fed to cut interest rates soon. She believes that the economic slowdown and the suppressive nature of monetary policy will lead to a continued decline in inflation, and the long-term impact of tariffs on inflation is limited. Daley emphasized that further weakness in the labor market could have serious consequences, and the Federal Reserve may need to adjust its policies in the coming months.

According to The New York Times, Trump plans to have a face-to-face meeting with Russian President Putin as early as next week and hold trilateral talks with Putin and Ukrainian President Zelensky. The talks are limited to the leaders of the United States, Russia, and Ukraine, and do not include representatives from European countries. It is currently uncertain whether Putin or Zelensky has accepted this plan.

According to Golden Finance, Federal Reserve Governor Cook: We must be cautious when looking at data. The employment data for July is worrying, and there may be significant data corrections at a turning point in the economy. The unemployment rate remains a good indicator of economic weakness.

The current price of ETH is $3686.66, with a 2.36% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.48 million US dollars, with the main liquidation being short orders and ETH liquidation being 6.45 million US dollars (56.23%). The data is for reference only.