Recently, Fed Chairman Powell's speech sparked widespread discussion in the market. Although he stated that inflation is still within a controllable range, he also expressed concerns about the slowdown in the labor market and GDP growth. This remarks immediately triggered speculation in the market about a possible interest rate cut in September, a reaction that was quite surprising.



From a macro perspective, the Fed's possible interest rate cut appears to be more of a preparation for a potential economic recession. In this uncertain economic environment, a cautious wait-and-see approach may be a wiser choice. Recklessly entering the market or chasing highs at this time may pose significant risks.

Turning our attention to the cryptocurrency market, the recent trading situation of Bitcoin (BTC) is also worth noting. Although the turnover rate has seen a slight increase, indicating that some short-term investors may be exiting, the overall selling pressure is not significant, and market sentiment remains relatively stable. In the current situation, the price level of $112,000 may become a key focus for investors.

In the face of a complex and ever-changing economic situation and cryptocurrency market, investors need to remain vigilant, closely monitor changes in various factors, and make prudent investment decisions.
BTC-2.67%
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FUD_Vaccinatedvip
· 08-24 05:51
btc to the moon
Reply0
DEXRobinHoodvip
· 08-24 05:50
lock in profits buy the dip
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ShitcoinConnoisseurvip
· 08-24 05:45
play people for suckers just finished
View OriginalReply0
RugDocScientistvip
· 08-24 05:36
What's the rush? 150,000 in the early evening.
View OriginalReply0
MemeEchoervip
· 08-24 05:27
Another BTC 110,000, won big!
View OriginalReply0
FlashLoanLarryvip
· 08-24 05:25
never trust spot liquidity depth... mev bots already frontrunning powell's words tbh
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