Is the bull market 'fizzling out'? A statement from the Federal Reserve woke me up

In the past few days, the market has been lukewarm, and many people have started to feel anxious: 'Is the bull market coming to an end?' Just last night, Federal Reserve Chairman Powell spoke, and I was left stunned after watching it.

The market originally widely expected a rate cut in September, as the rate hike cycle was nearing its end. However, Powell's statement, 'We haven't decided yet,' dropped the probability of a rate cut from 63% to 40%.

This hammer blow shattered the fantasy of a short-term surge. The market also experienced some fluctuations, and many people looking at the sideways BTC and ETH started to lose confidence.

But I want to say one honest thing: this is just a 'slowing down of the rhythm,' not the 'end of the bull market.'

The logic is simple:

A delay in the rate cut does not mean there won't be one.

There are serious divisions within the Federal Reserve itself, indicating that the situation is changing.

The market has been anticipating at least one rate cut before the end of the year, and this sentiment won't be easily broken.

The pace of the market has lengthened, but opportunities have also increased. Now is not the time to panic, but to continue accumulating positions and hold patiently. Don't be scared away by temporary sideways movements; those who truly profit are always the ones who can hold onto their chips.

I am still dollar-cost averaging into a few mainstream coins, controlling my position well, not going all in, and maintaining a steady mindset.

What do you think about Powell's speech? Is the bull market really about to 'fizzle out'?