BitUnix analyst: Differences in US trade negotiations still exist, crypto market wait-and-see atmosphere is strong, BTC supports 116300, pressure 120000, suggest short-term range operation

BlockBeats News: On July 22nd, Goldman Sachs predicted that the Federal Reserve will keep interest rates unchanged next week and begin cutting rates in the remaining three meetings of 2025, as the slowdown in the job market puts pressure on policymakers. The current private sector recruitment is approaching a "stagnation rate" and there is a risk of exacerbating the slowdown; Meanwhile, consumer spending has been stagnant for six consecutive months, which is extremely rare outside of an economic recession. Goldman Sachs also expects the Federal Reserve to cut interest rates twice more in early 2026.

Foresight News reported that according to Onchain Lens monitoring, a certain whale's short position (3x leverage) in PENGU was liquidated, resulting in a loss of $13.16 million. The whale subsequently reopened a small PENGU short position with double leverage. Overall, the giant whale has incurred a loss of $10.6 million.

The main large order can be combined with the position difference indicator to judge the main force to open and close the position. Open PRO members can follow the main trading operations in time

US Senator Cynthia Lummis tweeted that the United States has been leading the world in financial innovation and has not slowed down its pace. Lummis stated that she looks forward to working with the industry and both parties to develop market structure legislation that benefits digital assets, encourages innovation, and protects consumers.

According to Eleanor Terrett, after the Senate Agriculture Committee removed CFTC Chairman nominee Brian Quintenz and another nominee from the voting list yesterday, committee members are working to reschedule the voting time. A staff member stated that they are seeking to gather all 12 Republican members to push Quintenz's nomination into a full Senate vote.