20:30 Powell will participate in a meeting on the (bank capital framework) and give a speech. The focus of this meeting is to strengthen the capital of large banks, meaning they need to prepare more sufficient reserves.

From the bank's perspective, this is certainly not good!! If I need to allocate more funds as reserves, how can I invest?

Summary: If this speech makes the market feel that traditional finance will face stricter and tougher regulations, then the cryptocurrency market may have the opportunity to benefit from the capital shift, as everyone may leave traditional finance. Additionally, tonight's meeting may mention whether the market will lower interest rates. If rates are lowered in advance, the market will surge!! If the rate cut is delayed, it will crash!! It is still advisable to prepare for high volatility.

Don't rush to ask people to add to positions; hedging or insurance is the correct choice! Let the floating losses drift, follow the original profit and loss limits,

This wave is driven by news, it’s not that your skills are lacking; it’s just that it knows how to perform.