#BTC Important news at a glance (if the news is not as expected, the market will enter a panic sell-off, of course, we must focus on closely following the US election) From a technical perspective, the market has completely entered a big short trend, and can only be shorted at highs and lows. Friends with different opinions can discuss below.

The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%. According to CME's "Federal Reserve Watch", the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of a 50 basis point cut is 33%. The probability of the Federal Reserve cutting interest rates by 50 basis points by November is 45.2%, the probability of a cumulative 75 basis point cut is 44.1%, and the probability of a cumulative 100 basis point cut is 10.8%.

In the past hour, the total amount of liquidation on the entire network reached 51.1954 million US dollars, of which the amount of long orders liquidated was about 50.8309 million US dollars, and the amount of short orders liquidated was about 444,100 US dollars.

The total market value of cryptocurrencies fell to $2.1 trillion, a 24-hour drop of 4.1%. In addition, BTC's market share was 53.9%, ETH's market share was 13.9%, and Ethereum's gas fee was 0.609GWEI.