August is really quite good this way, allowing those who are unbalanced inside to slowly move towards balance, and letting those who are bumpy no longer be bumpy.
The clown has also quickly brought back the single, just last night, September's interest rate cut was raised from 69.2 to 82.2.
If subsequent inflation data shows a rebound in inflation with a certain level of stickiness, Powell will have to face the situation of saving the job market or saving inflation.
Moreover, according to Powell's past philosophy, he will definitely prioritize inflation, and the job market will really "collapse", otherwise it may be impossible for Powell to change his mindset.
Then, there are already some indications that he will use interest rate hikes to control inflation, and it is unlikely that he will actually implement it this way; just let it avalanche and go to sleep, waiting for the next bull market.
What's left is the expected opportunity month of August; hopefully, the opportunities will be bigger to make up for the losses. How big this opportunity will be is uncertain; if you have money, plan to distribute it into ten or so accounts! $BTC