BitUnix analyst: Global funds wait for new policy signals, US dollar and energy still dominate market pace According to BlockBeats, on June 29th, the global market officially entered an event intensive period this week. The US non farm payroll report, the European Central Bank's Sintra Forum, and the presidents of the four major central banks in the US, UK, Europe, and Canada will jointly decide the market's repricing of global liquidity in the second half of the year. The most anticipated among them will be the first public policy statement by Federal Reserve Chairman Walsh on the international stage. With multiple Federal Reserve officials continuing to release hawkish signals, the market is almost setting its sights on the possibility of "maintaining high interest rates for a longer period of time or even raising them again". On the other hand, the situation in the Middle East remains an important variable affecting risk appetite. Although the United States and Iran continue to push for a ceasefire and cross-strait negotiations, Iran has stated that it will have full control of the Strait of Hormuz in the next 30 days. Shipping companies have also warned that mine clearance may take several months, indicating a high degree of uncertainty in the global energy supply chain. At the same time, Saudi Arabia is about to announce its official crude oil prices for August, which will also become an important barometer for the market to observe energy demand and global prosperity. There have been deeper changes in the funding aspect. Large sovereign funds continue to increase their allocation of physical assets such as energy and infrastructure, reflecting a growing emphasis on supply chain security and asset resilience by global capital. For the cryptocurrency market, what really needs to be observed at present is not a single economic data, but whether the US dollar, interest rate expectations, and global liquidity can show new directions. If Walsh continues its hawkish stance this week, maintains resilience in non farm sectors, and the US dollar continues to strengthen, risk assets may still face short-term pressure to reallocate funds; On the contrary, if policy signals begin to balance, market risk appetite is expected to further improve. Against the backdrop of global repricing of capital costs, the cryptocurrency market will remain highly sensitive to macroeconomic policies and the trend of the US dollar in the short term.