All eyes are on Powell! Tonight's Federal Reserve meeting is the market's absolute focus. A rate cut is virtually certain, and the market has already digested this, now everyone is closely watching the rate path. The so-called “25bp downward trend line” is not an accurate description; the key is whether the Fed signals a new policy stance. $SOL $XRP $BNB
Some market participants believe Fed officials will phrase their comments “tactfully” dovishly, and some are hoping for a more accommodative environment, but these expectations may not be realistic. What can truly move the market are the dot plot forecasts and Powell’s press conference. However, it’s important to note that Powell’s influence this time may be short-lived, as a new FOMC voting cycle will introduce new members, and there will be new speeches and guidance in the coming weeks. The crypto market will also be affected by this, so let’s wait and see!
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All eyes are on Powell! Tonight's Federal Reserve meeting is the market's absolute focus. A rate cut is virtually certain, and the market has already digested this, now everyone is closely watching the rate path. The so-called “25bp downward trend line” is not an accurate description; the key is whether the Fed signals a new policy stance. $SOL $XRP $BNB
Some market participants believe Fed officials will phrase their comments “tactfully” dovishly, and some are hoping for a more accommodative environment, but these expectations may not be realistic. What can truly move the market are the dot plot forecasts and Powell’s press conference. However, it’s important to note that Powell’s influence this time may be short-lived, as a new FOMC voting cycle will introduce new members, and there will be new speeches and guidance in the coming weeks. The crypto market will also be affected by this, so let’s wait and see!