Orange Evening Interpretation 7.28 The biggest obstacle in the weekend market has also been lifted, and the trade negotiations between the United States and the European Union have finally come to an end. In the end, a 15% tariff was imposed on the European Union in exchange for an additional $600 billion in investment from the EU, as well as zero tariffs from EU countries on the United States, continued purchases of American military equipment, and the purchase of $750 billion worth of American energy products. The market's response to this result was a rise in prices The maximum price of pancakes reached 119800, Ethereum reached 3940, and the copycat market also went up. This is the release of the repressive market last week. The market is also afraid that the EU will finally like to raise 30% tariffs, and then drop bombs on each other. Although the negotiations between the United States, Europe and Japan did not disclose specific details, and the explanation of the investment income of both sides was not very clear, for example, Japan denied Trump's claim that 90% of the income from Japan's investment in the United States would go to the United States. Instead, the United States also needs to pay money; On the European side, they also started to argue right after the talks, especially regarding tariffs on pharmaceuticals, steel, and aluminum. Europe also applies a 15% tariff today, while the United States insists on keeping the 50% tax rate unchanged. However, the overall framework has been basically determined, and at least the crisis that the market is most concerned about has been partially resolved. The biggest uncertainty from now until the deadline of August 1st is the negotiations with Canada. The market generally expects that the probability of a deal with Canada is not high and needs to be postponed. Other countries, such as South Korea, may also use the tactic of exchanging investment for tariffs, and the results should be available tomorrow or the day after tomorrow. Overall, there will be more favorable outcomes in the tariff negotiations this week. In addition, this week is a super macro week, with ADP employment data on Wednesday and the upcoming economic and trade talks between China and the United States in Sweden; At 2:00 am on Thursday, the Federal Reserve FOMC announced its interest rate decision, followed by Powell's press conference at 2:30 am. On Thursday evening, the number of initial jobless claims for the week was also released, and the June PCE inflation data was released. All of these were heavyweight data on Thursday; On Friday, the Hong Kong stablecoin regulation officially came into effect, followed by the release of US non farm payroll and unemployment data for July, manufacturing PMI data, and the University of Michigan Consumer Confidence Index for July. To sum up, this week will gather FOMC interest rate resolution, PCE inflation data, non-agricultural employment report, the three most important macro events and data, plus the trade negotiation deadline on August 1, as well as the financial reports of four of the seven sisters of the US stock technology, which is a star studded gathering. So don't play high magnification contracts this week, as the market can easily fluctuate. Speaking of the market, the weekend is still a performance time for Ethereum. Last week, the cumulative net inflow of Ethereum ETFs reached 1.846 billion US dollars, which is a record and far exceeds the 72.3 million inflow of Big Pie last week. Moreover, 80% of Ethereum's funds were contributed by BlackRock, indicating that it is still the buying time at the beginning of the market, and second - and third tier institutions will follow suit. In addition, the battle between Ethereum treasury and ETH is becoming increasingly fierce. BMNR is already far ahead in the competition with SBET's leader, with a reserve of 56.7 million ETH, while sbet only has 36.1 million ETH. It seems that traditional capital has stronger purchasing power, BMNR is truly a company supported by big shots such as Peter Thiel and Wood Sister. If you want to do it, you should be the first. Similarly, BlackRock's ETHA is also a leader in ETFs. From the recent week's buying volume of ETH and Treasury, it is not difficult to see that the dominant funds for this wave of rise are from off exchange markets. On exchange funds are undergoing large-scale turnover, which is also why the coin price is rising. The amount unlocked every day is far greater than the amount of new pledges. As I mentioned in my article last week, all large-scale turnover at this stage is positive because the average holding cost will rise, which means that the price ceiling of Ethereum will be higher in the future. At the same time, Ethereum has taken off and will also bring funds to the knockoff market. Ethereum will break through 4000 in the future. Or ath, The rise of shanzhai will always accompany it. This is a story that has been experienced countless times in the past few bull markets. Although the structure of shanzhai has changed in this market, the leading projects in various sectors, as well as the projects ranked in the top five levels of shanzhai quota in my article a few days ago, will basically benefit. If you are interested, you can look back.