$BTC $ETH The Federal Reserve's big move at 2 AM on July 9th——the release of the June meeting minutes, and we can chat about how this will affect the crypto space:

1. Where will the money go?

If the meeting minutes convey a "hawkish" tone, dollar deposits will suddenly become a hot commodity. Friends trading overseas might think about converting their crypto to dollars for a stable return, which could lead to a withdrawal from the crypto space. With less money in the crypto space, cryptocurrency prices are likely to drop, just like a crowd dispersing makes the stage less lively.

On the flip side, if the "dovish" sentiment prevails, the appeal of dollar deposits will diminish, and folks will look for more lucrative opportunities. The crypto space might then become a hot commodity, attracting funds, and cryptocurrency prices could surge, like giving the market a shot of adrenaline!

2. How to deal with emotional contagion?

If the meeting minutes are "hawkish," crypto investors will feel anxious, wondering "how will the market change?" Trading enthusiasm will cool down, leading to a wave of sell-offs, causing prices to plummet, just like a crowd panicking and fleeing, cooling down the atmosphere.

However, if a "dovish" signal is released, everyone will be filled with confidence, believing the crypto space is about to boom, and they will rush to increase their positions, leading to bustling trading, and prices will follow suit, surging up like a concert opening, getting everyone hyped up, and the atmosphere will be electrifying!

3. How crazy can price fluctuations get?

The market already has expectations regarding the Federal Reserve's actions. If the meeting minutes differ from those expectations, whether they are more "hawkish" or more "dovish," crypto prices will have to "swing wildly." For instance, if everyone expects easing and the minutes indicate a rate hike, cryptocurrency prices could "drop suddenly"; if the expectation is for a rate hike, but there are signs of a rate cut, prices could "soar" upward, like riding a roller coaster, thrilling and heart-pounding!

However, it must be said that the crypto space has its own "temper." The Federal Reserve meeting minutes are an important variable, but not the only deciding factor, like a key supporting role in a big play that can stir the plot, but how the main characters perform still depends on the overall situation. The price fluctuations are not large, so pay close attention to this wave of news at dawn to assess the market trend.