The latest non-farm payroll data revisions have triggered turbulence in the financial markets. The revised employment figures from May to June reveal the severe challenges facing the U.S. economy, which could become a key factor in the Fed's policy shift.

Previously, the Fed chairman had maintained a stance of not lowering interest rates, primarily based on relatively strong employment market data provided by the Labor Bureau. However, this data revision has severely undermined that argument and also exposed potential issues in the domestic economy.

As a result, global stock markets have generally experienced a pullback. Gold, as a safe-haven asset, is likely to usher in a wave of upward momentum. This change may accelerate the rate-cutting process. It is noteworthy that if the Fed cuts rates twice again within this year, the US stock market may face the risk of a crash. Furthermore, if future CPI data shows anomalies, Bitcoin may once again experience severe volatility.

Currently, the trend of Bitcoin has become exceptionally difficult, mainly due to the increasing stickiness of the market. Investors need to remain cautious and manage risks well.

Overall, the revision of this non-farm data not only affects the assessment of the labor market but may also have far-reaching implications for the entire financial market. Investors should closely monitor subsequent economic data and the Fed's policy trends to timely adjust their investment strategies.