With the arrival of August, financial markets are facing new challenges and uncertainties. The U.S. economy shows signs of slowing down, while trade tensions are heating up again, all of which are affecting investor sentiment.

This week's key focus will be on the release of the PMI data for July. The S&P Global Services PMI and the ISM Non-Manufacturing PMI will provide further insights into the state of the U.S. economy. If these data continue to show weakness, it may trigger greater volatility in the market.

Federal Reserve Chairman Powell is set to speak at the Kansas City annual meeting, and investors will closely watch for any signals regarding a potential interest rate cut in September. Against the backdrop of a labor market showing signs of fatigue, Thursday's unemployment claims data is also worth special attention.

Technology stocks remain the focus of the stock market. With companies like Palantir and AMD set to announce their earnings, this could trigger a new round of market volatility.

The cryptocurrency market has also experienced a wave of ups and downs. Bitcoin briefly fell to $112,000 over the weekend but then rebounded to around $114,500. Ethereum fluctuated between $3,400 and $3,560. Historical data shows that August is generally not a strong period for cryptocurrencies.

For short-term operations, investors need to closely monitor whether Bitcoin can remain solid above the support level of $112,000, as well as whether it can break through the 4-hour moving average resistance. Ethereum is currently in a fluctuating range and still needs to wait for clearer directional guidance.

Given the current market environment, it is recommended that investors maintain a flexible position management strategy in August. Closely monitor the impact of macroeconomic variables on market sentiment, avoid blindly chasing highs, and patiently wait for clearer structural opportunities to emerge. In this challenging month, caution and flexibility will be the keys to success.