Tonight's Focus: Powell's Speech, the Federal Reserve's Interest Rate Meeting Decision Will Determine the Market's Future Direction!
Tonight's Federal Reserve interest rate meeting is undoubtedly the biggest focus for the market. Although a rate cut is basically a foregone conclusion, much of the market's expectations have already been priced in, but everyone's attention is focused on the "interest rate path," especially whether the Federal Reserve will release new policy signals.
Some believe that the so-called "25bp downward trend line" is inaccurate, and the key question is whether the Federal Reserve will provide a clearer direction in the upcoming speeches. Some market participants believe that the Fed officials' wording will lean towards a "dovish" stance, while others are looking forward to a more accommodative policy environment. However, such expectations may be overly optimistic.
What can truly stir the market, in addition to the certainty of rate cuts, includes the dot plot forecasts and Powell's press conference. These two factors will directly impact the policy direction in the coming months and determine the medium to long-term direction of the market. $SOL, $XRP, $BNB, and other cryptocurrencies may all be affected.
But it should be noted that the impact of Powell's speech may be short-lived, as the Federal Reserve's FOMC will welcome new members, and there will be more speeches and policy guidance in the coming weeks that will further influence the market.
The cryptocurrency market may experience more volatility in the coming days, and we need to maintain flexible operations and closely follow policy changes. Tonight, let's wait and see!🔍


