Is rate cut not a good news? The financial market has sounded the "hawkish alarm"!\n\nThis week, the global financial market enters a critical period, with central banks from multiple countries holding meetings, and events clustering together, making market fluctuations likely unavoidable. Risk assets like cryptocurrencies are likely to fluctuate accordingly, and we need to stay alert and pay attention.\n\nThe Federal Reserve is meeting this week, and a 25 basis point rate cut has almost become a foregone conclusion, but the key is not here. The focus is on the post-meeting statement and Powell's speech—if the tone is hawkish, emphasizing inflation pressures or slowing the pace of future rate cuts, then market sentiment could reverse. This kind of "hawkish rate cut" could instead trigger volatility. Currently, economic data is complex, and if differences in opinion within the Federal Reserve manifest in the voting results, it will also exacerbate fluctuations.\n\nThe U.S. stock and bond markets have already reacted to the cautious sentiment, with major indices collectively retreating on Monday, as funds chose to seek safety ahead of the decision. This wait-and-see sentiment is expected to persist until the news becomes clear.\nA strong earthquake has suddenly struck Japan, and the currency market has already reacted. If the disaster's impact expands, the Bank of Japan's planned policy shift may be delayed, which adds another variable to the global flow of funds.\n\nIn addition, central banks in Australia, Brazil, Switzerland, Canada, and other countries are expected to keep interest rates unchanged, as countries generally turn cautious in the face of economic uncertainty. In Europe, there are also officials unexpectedly signaling "not ruling out rate hikes," complicating the policy outlook further.\n\nIn short, the rate cut itself has already been digested by the market; the real test lies in the subsequent signals released by central banks, especially the Federal Reserve. Coupled with sudden disasters and geopolitical situations, the market nerves are tense. It is recommended that we remain vigilant, watch more and act less, and prepare for fluctuations.\n\n#加密市场观察 #美联储重启降息步伐