BlockBeats News, July 24th. Currently, the market is facing triple pressure at the macro level. Tonight, the Brent crude oil futures touched $100, the 10-year U.S. Treasury yield surpassed 4.7%, and the U.S. Dollar Index once again rose above 101. Rising oil prices have boosted inflation expectations; the increase in the U.S. Treasury yield has weighed on stock valuations; and the strengthening dollar has tightened global liquidity.

At the same time, the market has once again priced in the possibility of a rate hike at next week's Federal Reserve FOMC meeting. According to CME's "FedWatch" data, the probability of a 25 basis point rate hike in July by the Fed is 37.9%, while the probability of keeping rates unchanged is 62.1%, with no possibility of a rate cut.

The Federal Reserve will announce its rate decision next week on July 30th (Thursday) at 02:00 AM Beijing time.